Featured Market Data: Corporate Bond Issuance Surges
U.S. companies issued more debt through the first 8 months of 2020 than in all of 2019 and total outstanding debt sits at record highs. A recent Moody’s report focused on the lengthening maturities of newly issued debt at historically low yields and concluded this enhances financial flexibility.
Naperville, Ill. – June 26, 2020 – PMA Asset Management, a growing SEC registered investment advisor offering investment advisory services to government entities, insurance companies and other institutional investors, achieved a significant milestone by surpassing $10 billion in Assets Under Management (AUM). As of May 31, 2020, PMA managed over $10.5 billion in AUM for its 152 clients.