Shell, based in The Hague, raised $4bn through its finance unit with a four-part offering on November 12…
by Matt Robinson and Sarika Gangar, December 02 2013, 09:31
NEW YORK — Corporate bond sales in the US are poised to eclipse last year’s record as issuers rush to raise cash before the Federal Reserve curtails stimulus that has held borrowing costs close to all-time lows.
Royal Dutch Shell, Europe’s biggest oil company, and Houston-based Cheniere Energy Partners are leading $120.2bn of issuance last, leaving offerings during this year about $32bn shy of last year’s $1.48-trillion, according to data compiled by Bloomberg.