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    For some, capital expenses are back on the table, as well as exploring acquisitions and other ventures in their industries, a sign that the economy is slowly emerging from the recession"As the markets have recovered and the broader financing environment has continued to improve, a growing number of issuers have begun to resurrect capital-expenditure plans" said Jim Merli, head of fixed-income syndicate, Americas, at Barclays Capital.Also driving the new supply of bonds will be those who buy back their outstanding paper, said Jim Probert, head of investment-grade debt syndicate at Bank of America Merrill Lynch.Over the past two weeks, MeadWestvaco Corp. and R.R. Donnelley & Sons Co. have sold new notes due in 2019 and 2016, respectively, to fund buybacks of notes maturing by 2012. Full Article at Wall Street Journal
    As the markets have recovered and the broader financing environment has continued to improve, a growing number of issuers have begun to resurrect capital-expenditure plans
    SOURCE: Wall Street Journal 6 months ago