Sentences with phrase «bond sale ever»
Verizon Communications, which sold $ 49 billion of debt last September in the largest bond sale ever, has returned to the bond market repeatedly this year to take advantage of low interest rates to refinance outstanding debt.
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Worse yet, sales have declined for seven out of the previous eight months, ever since the the Federal Reserve signaled its intent to slow the pace of its Treasury bond purchases.
The sale is reported to be the second biggest ever corporate issue of bonds.