Reported about 8 hours ago
CVS Health Corp. and Chevron's unit are among 14 companies launching U.S. investment-grade bonds, the highest issuance in three months, before crucial consumer-price data is released. This follows a $40.4 billion high-grade bond issuance last week, as firms act to mitigate potential volatility in interest rates following anticipated inflation data. CVS promotes its inaugural bond sale of 2025, primarily aimed at refinancing, while Chevron markets its bonds across multiple tranches.
Source: YAHOO