Barclays Leads $15 Billion Bond Spree Before August Lull

More than a dozen companies are capitalizing on a broader market rebound and falling borrowing costs to raise $15.1 billion before a late-summer slowdown in the US investment-grade market.

Barclays Plc and KKR & Co. are among 13 companies tapping the high-grade market on Monday, the busiest day by number of issuers since May 12, according to data compiled by Bloomberg. It’s the most active since July 21 by sales volume.