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$2.5B Morgan Stanley 2Pt, 1$B Verizon Launched; Turkey Yet to Price

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Not waiting on the Tsy $19B 20Y Bond auction, Morgan Stanley pulls the trigger on $2.5B 2-parter:

  • Date $MM Issuer (Priced *, Launch #)
  • 02/16 $3B #Rep of Turkey 5Y Sukuk 7.25%
  • 02/16 $2.5B #Morgan Stanley $1.75B 4NC3 +87.5, $750M 4NC3 FRN/SOFR+95
  • 02/16 $1B #Verizon WNG 30Y Green +165a
  • 02/16 $Benchmark Citigroup 6NC5, 6NC5 FRN
  • 02/16 $Benchmark Mizuho 4.25NC3.25 +105a, 4.25NC3.25 FRN/SOFR, 8.25NC7.25 +135a, 20.25Y +140a
  • 02/16 $Benchmark JP Morgan 4NC3 +100a, 4NC3 FRN/SOFR, 6NC5 +125a, 6NC5 SOFR
  • 02/16 $Benchmark Pacific Gas & Electric 2NC1 +175a, 2NC1 FRN/SOFR, 7Y +220a, 10Y +240a, 30Y +290a
  • 02/16 $Benchmark DTE Electric 10Y +115a, 30Y Green +145a
  • 02/16 $Benchmark KDB 3Y +35, 5Y +43 (dropping 10Y issuance)

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