The U.S. corporate-bond market is expected to see more than $50 billion of new debt sales this week from investment-grade companies, spurred by the continued pickup in mergers and acquisitions (M&A).
The tally—based on estimates from Wall Street underwriters—would mark the busiest week for new issues since early January and extend the acceleration in borrowing that's come since yields tumbled sharply from last year's peaks.
At least nine companies are marketing U.S. investment-grade debt Tuesday, led by Verizon Communication Inc.'s $1 billion green-bond offering. Mizuho Financial Group Inc. and HCA Healthcare Inc. are also seeking to price new deals.
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