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$4B UAE 3Pt Launched, Includes 40Y Formosa

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 10/06 $4B #United Arab Emirates $1B 10Y +70, $1B 20Y +105, $2B 40Y Formosa 3.25%
  • 10/06 $Benchmark Pepsico 10Y +70a, 20Y +85a, 30Y +95a (for comparison, Pepsico issued $6.5B last year on March 17: $1.5B 5Y +160, $500M 7Y +180, $1.5B 10Y +180, $750M 20Y +190, $1.5B 30Y +200, $750M 40Y +230)
  • 10/06 $1B Ontario WNG 10Y +31
  • 10/06 $Benchmark CCDJ (Quebec) 5Y +19a
  • 10/06 $Benchmark Korea 10Y +50a
  • 10/06 $Benchmark Macquarie Group 4NC3 +90a, 4NC3 FRN/SOFR, 6.5NC5.5 +110a, 11.25NC10.25 +155a

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