Financial Times FT.com

Companies rush to US bond market

By Nicole Bullock in New York

Published: September 18 2009 23:38 | Last updated: September 18 2009 23:38

Companies this week raised $36bn in the US corporate bond market, drawn by low borrowing costs, taking total US dollar borrowing to an annual record and marking one of the busiest weeks of the year.

Bankers, pointing to some of the best financing conditions in years, are now optimistic that corporate debt sales in the US could top $1,000bn this year, should the market remain robust.

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