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$4B EIB 7Y SOFR Launched

PIPELINE
Guidance updated for balance of expected high-grade issunace:
  • Date $MM Issuer (Priced *, Launch #)
  • 04/18 $4B #European Inv Bank (EIB) 7Y SOFR+39
  • 04/18 $Benchmark Ontario Teachers Union 5Y SOFR+78 (Book >$2.5B)
  • 04/18 $Benchmark ADB 5Y SOFR+36 (Book >$6.5B)
  • 04/18 $Benchmark JBIC 3Y SOFR+47 (Book >$3B)
  • $9.35B Priced Monday
  • 04/17 $3.75B *Wells Fargo 11NC10 +180
  • 04/17 $2.5B *Mars Inc $1B 5Y +87, $500M 8Y +105, $1B 10Y +117
  • 04/17 $1.5B *Taqa $500M +5Y +80, $1B 10Y +110
  • 04/17 $1.1B *Cargill $600M 3Y +65, $500M 10Y +120
  • 04/17 $500M *Kookmin Bank 5Y +95
  • 04/17 $Benchmark Banco BTG (Brazilian bank) investor calls

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