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CM - With $40B issued in Q3, bonds gain most ground in four years - October 2019
A pronounced resurgence in bond issues raised the energy industry’s capital markets activity in Q3, as the amount of industry debt issued as tracked by Enverus’ Capitalize platform more than doubled YOY to $40.1 billion from 3Q18’s $18.7 billion. While $13 billion of the quarterly total was sold by Occidental Petroleum in the largest single multi-tranche offering by a US energy company in history, even without Oxy’s contribution, energy issuers offered 50% more principal......
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