Borrowing Window Stays Open for Blue Chips But Investor Preferences Narrow
Portfolio managers’ picks are turning more defensive.
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Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, the CFO of a Canadian fertilizer company tells us how the war in Iran is affecting raw material prices. But first, can anything stop the high-grade debt market?
With the war in Iran sending oil prices soaring and tech giants loading up on debt, it can seem like a scary time for companies to borrow. Jaguar Land Rover Plc pulled a potential US bond sale on Monday, citing “ongoing market volatility.”