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Home Authors Posts by Austin Weinstein

Austin Weinstein

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INVESTORS THAT BOUGHT the bonds that CVS Health sold Tuesday to help finance its purchase of Aetna already have seen a gain in the value of their holdings, as the debt market reacts favorably to the deal.

CVS bond buyers get $450M windfall after mega sale

Financial Services
NEW YORK – Investors who managed to grab a piece of CVS Health Corp.’s mammoth $40 billion bond sale are already a little richer. The...
ANALYSTS believe that despite the cash freed up by the recent tax bill, companies will still borrow money to execute mergers and acquisitions. / BLOOMBERG

Big M&A deals seen keeping corporate borrowing spree alive

Economic Activity
NEW YORK - Get ready for what could be another record year for corporate borrowing. The U.S. tax overhaul is freeing up cash for companies and...
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