Companies retest bond market as Fed lifts sentiment
Share:
LONDON (Reuters) - A string of investment-grade companies rushed to take advantage of improved debt market sentiment to raise much-needed cash on Tuesday -- and were met with overwhelming investor demand. In a sign that Monday's unprecedented stimulus package from the U.S. Federal Reserve had cleared at least some of the funding logjam, Sanofi, Nestle, Diageo, Bank of America, Coca Cola European Partners and France's BPCE all launched bonds.All are rated single-A or higher. French..