Commercial banks have jumped into the high-yield bond market with gusto, emerging as some of the most active lead managers in recent weeks.

In just the past week, commercial banks brought at least four deals to market and were preparing to launch four more. At press time, Bankers Trust New York Corp. and Chase Manhattan Bank were leading two deals each.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.