High Yield Bond Issuance Sets Record In September At $47.65B

U.S. high-yield bond issuance set a monthly record in September, logging $47.65 billion in volume, besting the prior monthly peak of $46.8 billion in September 2012, according to S&P Capital IQ/LCD. The surge in issuance is courtesy a host of hefty deals, including a $2.15 billion offering backing a Caesar's Entertainment debt repurchase, which priced today. With this month's activity, year-to-date high yield bond issuance totals roughly $255 billion, easily topping the $243 billion seen at thi...