U.S. companies are borrowing in Europe to access cheaper capital as the ECB cuts rates

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American companies are pushing into Europe this year to borrow at lower costs, putting less weight on the U.S. credit market. That’s based on reporting from Bloomberg, which shows a wave of euro-denominated bond deals from big U.S. names as they take advantage of lower interest rates across the Atlantic. This week, Verizon Communications Inc. sold €2 billion (or $2.31 billion) worth of debt in Europe, its first bond deal there since early 2024. That followed July transactions by FedEx Corp. and ...