CREDIT DAYBOOK AMERICAS: Highest Junk-Bond Issuance in 4 Months

It’s been the busiest week since January for high-yield bond issuance, with more than $11 billion of sales, amid a resurgence of activity across US debt capital markets. Charter plans to sell $4 billion of debt to help fund its planned takeover of rival cable company Cox Communications.

• M&A financings have helped fuel this week’s junk-note deals
  • Other parts of leveraged finance have also gathered steam, with US leveraged-loan launches topping $12 billion for the first time in two months
• The investment-grade primary market cooled a bit Thursday, with just two issuers for the session and their having to pay ...