(Bloomberg) -- Kimberly-Clark Corp., the maker of
Huggies diapers and Kleenex tissues, and power producer InterGen
were among borrowers that pressed ahead with $10.6 billion of bond
sales this week as investor demand for company debt slumped.
Kimberly-Clark raised $2.1 billion in its biggest offering.
InterGen of Burlington, Massachusetts, sold $1.88 billion of
notes after reducing the sale and boosting yields twice to
attract investors. The deals brought total offerings for the
month to $37.6 billion, the slowest this year and a 19 percent
decrease from July 2006, according to data compiled by Bloomberg.
Read more at Bloomberg Bonds News
Huggies diapers and Kleenex tissues, and power producer InterGen
were among borrowers that pressed ahead with $10.6 billion of bond
sales this week as investor demand for company debt slumped.
Kimberly-Clark raised $2.1 billion in its biggest offering.
InterGen of Burlington, Massachusetts, sold $1.88 billion of
notes after reducing the sale and boosting yields twice to
attract investors. The deals brought total offerings for the
month to $37.6 billion, the slowest this year and a 19 percent
decrease from July 2006, according to data compiled by Bloomberg.
Read more at Bloomberg Bonds News
No comments:
Post a Comment