Law360 (April 28, 2021, 9:48 PM EDT) -- Corporate bond sales are matching last year's breakneck pace so far in 2021. While it's uncertain how long the blitz will last, easy monetary conditions and pandemic-related relief are fueling a rush of notable offerings that has kept capital markets attorneys busy.
Through Tuesday, 491 U.S. corporations had raised a total of $545.6 billion through bonds, according to research firm Dealogic, roughly matching year-ago levels. A total of 471 companies raised $597.1 billion by this time in 2020, which ended up being a record year for corporate debt issuance.
Catalysts fueling current activity are similar to forces that were behind last...
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