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January midstream Bond-apalooza rakes in $6.325B so far
At $6.325 billion, money raised from the midstream sector’s bond offerings this month has surpassed every January for at least a decade—and the month’s not over yet! The next highest amount of aggregate midstream bonds were issued in 2013 when companies sold $6.05 billion. Years 2010 and 2014 are tied for the smallest January midstream debt hauls so far this decade with zero. Christopher George, director of Drillinginfo’s capital markets monitoring platform Capitalize, attributes the increase to two pending Federal Fund interest......
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