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$27.5B High-Grade Debt Priced Monday

PIPELINE

2021 Starts off with a surge in high-grade debt issuance: $27.5B

  • Date $MM Issuer (Priced *, Launch #)
  • 01/04 $10B *Broadcom $750M 7Y +135, $2.75B 10Y +155, $1.75B 12Y +170, $3B 20Y +185, $1.75B 30Y +210 (May 5 '20, AVGO issued $8B: $1B 3Y +200, $2.25B 5Y +280, $2.75B 10Y +350, $2B 12Y +365)
  • 01/04 $3B *Mexico 50Y 3.75%
  • 01/04 $3B *Toronto Dominion (TD) $1.15B 2Y +18, $600M 2Y FRN SOFR+24, $1.25B 5Y +43
  • 01/04 $3B *Home Depot $500M 7Y +35, $1.25B 10Y +52, $1.25B 30Y +77 (Mar 26 '20, HD issued $5B: $750M 7Y+190, $1.5B 10Y+195, $1.25B 20Y+195, $1.5B 30Y+200)
  • 01/04 $2.5B *Sumitomo Mitsui Fncl Grp (SMFG) $500M 3Y +35, $1B 5Y +60, $500M 10Y +80, $500M 20Y +85
  • 01/04 $2B *MetLife $625M 3Y +25, $625M 3Y FRN SOFR+32, $750M 10Y +68
  • 01/04 $1.5B *John Deere 5Y +37, 10Y +57
  • 01/04 $1.5B *Athene Global Funding $750M 3Y +80, $250M 3Y FRN L+73, $500M 5Y +110a
  • 01/04 $1B *Exp/Imp Bank of India 10Y +145

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