NEW YORK, Jan 15 (Reuters) - Spreads on the corporate debt of Bank One Corp. and J.P. Morgan Chase narrowed Thursday morning, on hopes that their $58 billion merger, announced late on Wednesday, will result in lower costs and higher ratings. "This is one of the better mergers. It makes strategic sense, the pricing is right, and it can be beneficial to both companies," said John Otis, a fixed income analyst covering banks at Deutsche Bank Securities in New York. J.P. Morgan's acquisition ...
Premium Content (PAID Subscription Required)
"US Corp Bonds-J.P. Morgan, Bank One spreads narrow" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642