Europe's debt market is experiencing a resurgence, similar to the trend in the US, as borrowing costs reach a three-year low.
This increase in debt sales demonstrates that companies are confident in taking advantage of favorable funding conditions. It is evident from the participation of US firms, such as Otis Worldwide Corp., that there is a broader trend of increased borrowing across the Atlantic.
On Wednesday, 15 borrowers, including BPER Banca SpA, Coca Cola HBC Finance BV, and Stellantis NV, are set to price new debt deals. This marks the highest number of issuers in a single day since September 25, when 19 borrowers accessed the market. The surge in debt issuance highlights the positive sentiment and the willingness of companies to tap into the market.