BRIDGE Data Shows Trend to Bigger Deals in Corporate Bonds; Salomon Smith Barney Remains Leading Issuer in Strong Investment Grade Market This Year.
Business Wire › December 01, 2000
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BRIDGE Data Shows Trend to Bigger Deals in Corporate Bonds; Salomon Smith Barney Remains Leading Issuer in Strong Investment Grade Market This Year.
Business Editors
NEW YORK--(BUSINESS WIRE)--Dec. 1, 2000 Fewer but bigger is the theme for new deals in the corporate bond market this year -- and new information compiled by BRIDGE shows just how strong the trend is. Investment-grade issuance is running significantly ahead of last year's pace, the figures show. But the total number of deals brought to market is down substantially. As a result, the average size of new deals has shot up 45% to $501.9 million for the first 11 months of this year compared to $347.2 million for the same period of 1999, ac...See the full content of this document
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