Thursday, April 12, 2007

KAR Holdings, Cimarex Planning to Sell Debt: U.S. Corporate Bond Alert

(Bloomberg) -- Cimarex Energy Co., a Denver-based oil and gas company, and Argentina are among borrowers planning to sell at least $19.3 billion of bonds in the U.S., according to data compiled by Bloomberg.

This week borrowers have sold $4.64 billion of debt securities, compared with $15.2 billion in the same period last week. Sales year-to-date total about $343.1 billion, up from $310.6 billion a year ago.


Read more at Bloomberg Bonds News

No comments: