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$2.5B BMW 4Pt Launched

PIPELINE
Rate-locks for several additional issuers in second half weighing on Tsys:
  • Date $MM Issuer (Priced *, Launch #)
  • 08/09 $2.5B #BMW US $750M 3Y +33, $750M 3Y FRN/SOFR+38, $500M 5Y +50, $500M 10Y +65
  • 08/09 $1.5B Uber 58NC3 4.5%a
  • 08/09 $1.1B NRG Energy 10.5NC5.5
  • 08/09 $1.1B Duke Energy 10Y +90a, 30Y +110a
  • 08/09 $1B #CVS Health Corp WNG 10Y +87.5
  • 08/09 $500M #ConAgra Brands 2NC1 +37.5
  • 08/09 $500M McKesson 5Y +75a
  • 08/09 $Benchmark Unilever Capital 3NC1 +45a, 10Y +70a, 30Y +90a
  • 08/09 $Benchmark Thermo Fisher 7Y +90a, 10Y +105a, 20Y +115a
  • 08/09 $Benchmark Bell Canada 10Y +90a, 30Y +125a
  • 08/09 $Benchmark Simon Property Grp 5Y +65a, 10Y +105a

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