JPMorgan Chase follows Goldman Sachs in issuing investment-grade bonds to address potential credit risks

Zhitong
2025.10.15 13:45
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JP Morgan is selling investment-grade bonds in three parts on Wednesday, joining competitor Goldman Sachs in debt financing after announcing its third-quarter results. According to informed sources, the longest tranche of this issuance is an 11-year bond, with a yield potentially 1.05 percentage points higher than U.S. Treasuries. The sources said that the proceeds from the bond issuance will be used for general corporate purposes. Prior to this bond issuance, JP Morgan CEO Jamie Dimon warned of potential deterioration in credit quality, casting a shadow over the surge in the bank's trading and investment banking revenues. This more cautious outlook is reflected in JP Morgan increasing its provisions for potential bad loans by $810 million, exceeding analysts' expectations. Goldman Sachs issued $10 billion in investment-grade bonds on Tuesday after reporting record third-quarter revenue, marking its largest bond issuance in nearly four years

According to Zhitong Finance APP, JPMorgan Chase (JPM.US) is selling investment-grade bonds in three parts on Wednesday, joining competitor Goldman Sachs (GS.US) in debt financing after announcing its third-quarter results.

According to informed sources, the longest maturity in this issuance is an 11-year bond, with yields potentially exceeding U.S. Treasury yields by 1.05 percentage points. The sources stated that the proceeds from the bond issuance will be used for general corporate purposes.

Before this bond issuance, JPMorgan Chase CEO Jamie Dimon warned of potential deterioration in credit quality, casting a shadow over the surge in the bank's trading and investment banking revenues. This more cautious outlook is reflected in JPMorgan Chase increasing its provisions for potential bad loans by $810 million, exceeding analysts' expectations.

Goldman Sachs issued $10 billion in investment-grade bonds on Tuesday after announcing record third-quarter revenue, marking its largest bond issuance in nearly four years

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