Corporate Borrowing & Debt

Q&A with Costco CFO Richard Galanti.

EU approval paved the way for a proposed acquisition of VMware. Now Broadcom needs $32 billion to fund the deal.

The automaker priced $1.5 billion of sustainability bonds in three parts, its first ESG issue since 2021.

The impending barrage of T-bills is a precursor to a glut of longer-term debt issues, which might result in a "demand vacuum" for longer-maturity bonds that pushes yields higher and tightens financial conditions.

The company has issued five green bonds, including a $1 billion offering earlier this month. "Added scrutiny ... enables our platform to continue to shine compared to the rest of the market."

The trend is a sign that soaring bond yields are spurring corporations to look at ways to cut their borrowing costs.