July 27, 2022 | Daily Business Review
Corporate America Embraces Short-Term IOUs as Free Money EndsThe total amount of these IOUs outstanding has mushroomed to nearly $1.2 trillion this year, up more than 20% from its lows in 2020, with computing giant Apple Inc. and pipeline-owner Kinder Morgan Inc. among those that have been dipping more into the market.
By Alexandra Harris, Liz Capo McCormick and Jack Pitcher
6 minute read
March 04, 2022 | Daily Business Review
JPMorgan Boosts Its ET Venue as Clients Look to Sell BondsMarket weakness leaves dealers across Wall Street looking to offload securities on behalf of their customers.
By Jack Pitcher
5 minute read
November 17, 2021 | Daily Business Review
Florida's Hertz Selling $1.5 Billion Bond to Repay Apollo Preferred StockHertz is in the process of cleaning up its balance sheet after emerging from bankruptcy in June and relisting on Nasdaq earlier this month, where the company raised $1.3 billion.
By Paula Seligson and Jack Pitcher
3 minute read
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