Favorable Financing Conditions in Euro Credit Market Attracts U.S. Companies -- Market Talk

Dow Jones
05-09

1329 GMT - U.S. companies placed bonds in the euro credit market in April, attracted by better financing conditions in the euro currency, Matthias Schell, senior credit analyst at LBBW says in a note. U.S. corporate bond issuances contributed to over a third of the monthly volume in the euro credit market, he says. Tech company Alphabet supplied five euro bonds totaling 6.75 billion euros ($7.58 billion) in April, "the largest euro corporate bond transaction in five years." This was followed by the second-largest transaction of the month by U.S. company Visa, consisting of four euro bonds worth 3.5 billion euros, Schell says. (miriam.mukuru@wsj.com)

 

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May 09, 2025 09:29 ET (13:29 GMT)

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