In a significant stride towards decarbonizing the UK's energy system at minimal cost to consumers, Ofgem’s Strategic Innovation Fund (SIF) has announced an
M&A Wave Bolsters Corporate Bond Pipeline After Issuance Slows
This content was published on January 7, 2021 - 16:08
January 7, 2021 - 16:08
(Bloomberg) Mergers and acquisitions are already padding the debt pipeline for 2021, adding momentum to a pace of bond sales that’s slowed from a blistering start to the new year.
LafargeHolcim Ltd. and AmerisourceBergen Corp. are among the latest to announce deals that will be financed with debt, echoing similar plans from Centene Corp. and Teledyne Technologies Inc. earlier in the week. The disclosures come after nearly $50 billion of new high-grade offerings kicked off 2021, more than double some estimates.
Dealmaking is picking up right where it left off at the tail end of 2020, when more than $187 billion of deals globally came during the last two weeks of December. That’s the most ever for that period, according to data compiled by Bloomberg, and many of those will be funded with new borrowing.