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Corporate America Embraces Commercial Paper
The short-term IOUs look increasingly attractive compared with locking in longer-term borrowing in a market beset by turbulence.
Lenders Are Tired of Losing in the LIBOR Transition
Debt investors losing millions on the move to SOFR are starting to fight back, requiring credit spread adjustments to make up the difference between the benchmarks.
GM Sells Its First Green Bonds
The automaker priced $2.25 billion of green bonds in two parts, in its maiden foray into ESG borrowing.
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