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$41B High-Grade Issuance!

PIPELINE
$28.5B Priced Tuesday, $41B/wk lead by dealers, foreign banks, energy and autos, already over total estimate for week. More on tap today with dealers leading. CDX investment grade spds a hair tighter (51.0, -0.67 Markit Indices).
  • Date $MM Issuer (Priced *, Launch #)
  • 01/11 $5B *Societe Generale $1.25B 4NC3 +105, $750M 4NC3 SOFR+105, $1.25B 6NC5 +130, $1B 11NC10 +160, $750M 21NC20 +190
  • 01/11 $5B *KFW 3Y SOFR+10
  • 01/11 $3.5B *ADB 5Y SOFR+22
  • 01/11 $3.25B *Prosus $1B 5Y +180, 10Y +250, 30Y +295
  • 01/11 $2.5B *Panama 11Y +185a, 40Y +270a
  • 01/11 $2.5B *CIBC 5Y SOFR+48
  • 01/11 $2.3B *MUFG 6NC5 +83, 11NC10 +110
  • 01/11 $1.75B *American Honda $1.1B 3Y +35, $650M 7Y +60
  • 01/11 $1.2B *SONOCO $400M 3NC1 +62.5, $300M 5Y +75, $500M 10Y +112.5
  • 01/11 $900M *NY Life $450M 3Y +30, $450M 3Y SOFR+33
  • 01/11 $600M *Triton Container Int 10Y +155

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