Rajeev Sharma News
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Investors’ preference for the most- liquid corporate debt is running higher than any time since the credit crisis, a signal they’re preparing for the four-year rally to end.
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MultiPlan Inc., the health-care cost-management company being acquired by BC Partners Ltd. and Silver Lake, is marketing debt in the busiest July for corporate bond sales since at least 1998.
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Companies are planning to sell at least $4.25 billion of debt as signs show the U.S. economic recovery may falter.
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Gatx Corp ., a Chicago-based company that leases railroad cars and other equipment, may sell debt as corporate bond offerings declined 57 percent amid investor concern the economy will slide back into recession.
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LodgeNet Interactive Corp ., a provider of television and Internet access for hotels, is marketing debt as bond sales slowed before a Federal Reserve statement that the pace of economic recovery was sluggish.
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Sun Healthcare Group Inc. , the company spinning off Sabra Health Care REIT Inc., is marketing debt as non-U.S. borrowers dominate investment-grade sales in dollars this month.
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United Rentals Inc. , the equipment- leasing company with more than 550 locations, is marketing debt as corporate bond sales jump 87 percent from the similar period last week amid better-than-expected third-quarter earnings.
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Reynolds Group Holdings Ltd.’s $3 billion notes sale, the second-biggest offering of U.S. junk bonds this year, failed to keep corporate debt issuance from slowing for a third straight week.
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Bway Holding Co. , the paint-container and aerosol-can maker, is planning to sell bonds as borrowers return to the market after the slowest issuance in 15 months.
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Gentiva Health Services Inc ., the U.S. home-nursing company that plans to purchase Odyssey HealthCare Inc ., is marketing debt as corporate bond sales jumped to the most in more than a week.
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