High-grade shrugs off high-yield bond woes
August 08, 2014 at 14:43 PM EDT
NEW YORK, Aug 8 (IFR) - Why a company like Tyson Foods will jump through hoops to keep an investment-grade rating was made blindingly clear last week, when the high-grade new-issue market shrugged off mayhem in the junk bond market and priced almost US$23bn of deals.