Another $8 Billion of US High-Grade Bonds Offered to Investors
Pipeline operator Oneok Inc. and a unit of BMW AG led six companies offering $8.3 billion of investment-grade US bonds Wednesday, with this week’s total already topping market estimates following a drop in borrowing costs.
Oneok launched a $3 billion deal in three parts while BMW US Capital is seeking to raise $2.75 billion across four notes.