CREDIT DAYBOOK AMERICAS: Junk-Bond Deals Continue to Line Up

Several US high-yield bond deals are poised to price on Wednesday, extending the rush of lower-rated firms issuing debt in light of reduced borrowing costs.

• Following Tuesday’s Rosh Hashanah pause after $4.4 billion of issuance on Monday, a unit of Nissan Motor and mortgage lender Crosscountry are among those anticipated to complete junk-note sales Wednesday
  • At least five firms overall have begun marketing deals
• Meanwhile, the investment-grade market is likely to slow after back-to-back $16 billion sessions that push this month to a record for September
  • Circle K parent Alimentation Couche-Tard could sell debt today after holding investor calls on ...