IBM (IBM.US) returns to the Canadian bond market after 14 years, with an issuance27.5.
According to Zhitong Finance APP, IBM (IBM.US) issued a total of 2.75 billion Canadian dollars (approximately 1.97 billion US dollars) in bonds in the Canadian corporate bond market on Monday, marking the first issuance of Canadian dollar-denominated corporate bonds in 14 years. This transaction comes at a time when overseas companies are rapidly entering the Canadian bond market, with non-Canadian corporate bond issuance this year reaching a historic high.
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