Corporate borrowers avoid investment-grade loan market

05/28/2013 | Wall Street Journal/CFO Journal, The

Highly-rated corporate borrowers have been turning to other lending sources, such as revolving credit lines and term loans, instead of the investment-grade loan market, according to Dealogic. Investment-grade borrowing has dropped to its lowest level since 2010, reaching $237 billion so far this year -- a 27% drop year over year.

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