More than $3.7 billion of new corporate debt was priced yesterday as issuers rushed to take advantage of the lowest long-term interest rates in 16 years.

Yesterday's biggest offering was NationsBank Corp.'s two-part offering totaling $950 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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