Bank of America, Exxon, Verizon among a rash of companies prying open corporate bond spigot for funding
March 17, 2020 at 15:12 PM EDT
Americans may be ‘sheltering in place,’ but a slew of the country’s best-known companies are taking aim at Tuesday’s more favorable market tone to rush to the U.S. investment-grade bond market for funding as Washington weighs which industries could get a coronavirus bailout.