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John McCrank

New York
As seen in: Bloomberg News, MSN, MSN Australia, MSN Canada, MSN India, MSN Money Canada, MSN UK, Business Insider, Daily Mail, ETTelecom, MSN South Africa and
Following exchanges, market structure, and Canadiana. Opinions expressed are my own. RTs are not endorsements.
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Articles

PRICED: Carvana $1.66b TLB; S+225, 0%, 99.75

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By John McCrank
| Bloomberg Tax Verified
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Wells Fargo Raises $6 Billion From Its Latest Bond Sale

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By Michael Gambale, John McCrank
| Bloomberg News Verified
Photographer: Michael Nagle/Bloomberg (Bloomberg) -- Wells Fargo & Co. sold $6 billion of investment-grade bonds Wednesday, a month after the bank reported weaker-than-expected quarterly results. The San Francisco-based firm offered callable notes in three tranches, with maturities ranging from three to six years, according to a person familiar with the matter.
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US Blue-Chip Bond Funds See $5.3 Billion Outflow, Most in a Year

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By John McCrank
| Bloomberg News Verified
LSEG Lipper (Bloomberg) -- US investment-grade bond funds suffered the largest weekly outflows in about a year as rising macro-economic risk led to significant losses for the asset class. Investors yanked $5.35 billion of debt from high-grade corporate funds for the week ended April 1, the largest since mid-April 2025 when Trump announced tariffs, and the first net withdrawals since November, LSEG Lipper data show.
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