The amount issued in North American investment grade debt was more than quadruple the amount of that issued in high yield this week, with investment grade debt totaling $35.25 billion and high yield debt totaling $7.97 billion. Broadcom Corporation (NasdaqGS:AVGO) led investment grade deals with four new issues of senior unsecured notes totaling $13.55 billion to replace an old credit facility. This represented 38.4% of total investment grade debt issued this week. General Motors (NYSE:GM) led high yield deals with three new issues of senior unsecured notes totaling $2.5 billion, about 31.4% of total high yield debt issued this week.
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