CREDIT DAYBOOK AMERICAS: Nissan Deal; Legends Eyes Private Debt

Nissan Motor is tapping the US high-grade primary market with a two-part deal on Tuesday, kick-starting what’s expected to be another robust issuance docket after 11 borrowers priced $10.95 billion on Monday. Meanwhile, Legends Hospitality is in talks with private credit firms to finance its potential acquisition of venue and events management company ASM Global.

• The spread on the Markit CDX North American Investment Grade Index, which increases as credit risk rises, widened 0.49 basis points to 63.8 as of 7:19 a.m. New York time
• Blue-chip firms are rushing to raise capital ahead of a crucial reading on US ...