TreeHouse Foods Inc., the biggest U.S. maker of pickles and non-dairy powdered creamer, is among companies marketing bonds even as debt sales ebb on concern about how European leaders will handle budget deficits.
Companies including TitleMax Holdings LLC are marketing $4.9 billion of dollar-denominated bonds in the U.S., as debt sales continue to falter on investor concern that lawmakers and central bankers can’t tame Europe’s fiscal crisis.
U.S. corporate bond sales rose above the 2011 average for the fourth consecutive week as retail sales improved and fewer Americans filed for unemployment, signaling the world’s biggest economy may be strengthening.
Goldman Sachs Group Inc . is marketing $2.5 billion of 30-year debt in its first sale of the bonds in more than three years, as investors accept the lowest premiums since April for bank bonds with similar credit grades.