According to Bloomberg, U.S. companies are forecast to cross the Atlantic to raise funds in euros at the fastest pace in at least eight years in 2015 as borrowing costs in Europe fall below dollar rates by the most in a decade.

Bloomberg reported Apple, Verizon Communications and Albemarle led $83 billion of bond issuance by American borrowers this year, the busiest since 2007 and 45% higher than 2013. The number will be surpassed next year as depressed funding costs endure, according to Barnaby Martin, a credit strategist at Bank of America Merrill Lynch, and Jens Vanbrabant, the lead money manager at London-based ECM Asset Management, Bloomberg said.

According to Bloomberg, Federal Reserve Chair Janet Yellen has set the stage for higher U.S. borrowing costs next year, European interest rates are predicted by economists to remain at record lows. As inflation in the region is poised to turn negative, momentum is building for the European Central Bank to start a quantitative easing program of government bond purchases to boost growth.

“We would expect the yield gap to widen in the first half of the year on expectations that the ECB will continue to pump cash into the system through the purchase of bonds and that the Fed will raise interest rates,” said Jonathan Pitkanen, the London-based head of investment-grade credit research at Threadneedle Asset Management, which oversees $144 billion.

To view the full Bloomberg report, click here.