Big investment-grade companies  in the face of economic uncertainty as they raise record amounts of debt in the bond markets while cutting dividends, share buybacks and capital expenditure. In the booming global issuance market for corporate debt, companies globally have already raised $353bn worth of bonds, or $224bn more than they are due to repay by the end of the first quarter, according to figures from Dealogic.

This entry was posted by Gwen Robinson on Thursday, March 19th, 2009 at 4:44 and is filed under Capital markets. Edit this entry.