(Bloomberg) -- U.S. corporations from CVS Caremark
Corp. to Xerox Corp. sold a record $141 billion of bonds in May
amid signs the economy is rebounding from an economic slowdown
in the first quarter.
Sales shattered the previous high of $131.8 billion in
November, according to data compiled by Bloomberg. The issue by
Stamford, Connecticut-based Xerox, the largest maker of high-
speed color printers, came four days after Standard & Poor's
raised the company's credit rating to investment grade, and the
offering from drug retailer CVS was the year's second-largest.
Read more at Bloomberg Bonds News
Corp. to Xerox Corp. sold a record $141 billion of bonds in May
amid signs the economy is rebounding from an economic slowdown
in the first quarter.
Sales shattered the previous high of $131.8 billion in
November, according to data compiled by Bloomberg. The issue by
Stamford, Connecticut-based Xerox, the largest maker of high-
speed color printers, came four days after Standard & Poor's
raised the company's credit rating to investment grade, and the
offering from drug retailer CVS was the year's second-largest.
Read more at Bloomberg Bonds News
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