The winners of European Central Bank stimulus: US CEOs

American companies are increasingly looking like some of the biggest beneficiaries of Mario Draghi’s unprecedented efforts to stimulate Europe’s economy.

US companies are for the first time the biggest borrowers of euro-denominated corporate bonds, issuing a record €87.7 billion of debt, according to data compiled by Bloomberg.

Companies from Apple to McDonald’s have made up a fifth of total new issuance in the market, more than any European country and up from just 1.5% five years ago.