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AstraZeneca to Launch Soon

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 05/25 $Benchmark AstraZeneca 7pt jumbo: 2Y +40a, 3NC1 +55a, 3NC1 FRN SOFR, 5Y +65a, 7Y +80a, 10Y +100a, 30Y +115a. For comparison: AZN issued $3B last year Aug 3: $1.2B +5Y +55, $1.3B 10Y +85, $500M 30Y +100.
  • 05/25 $2.75B Westpac $1.45B 5Y +40, $300M 5Y FRN SOFR+52, $1B 10Y +60
  • 05/25 $2.5B #Deutsche Bank $1B 3Y +60, $1.5B 11NC10 +148
  • 05/25 $2.3B #Hormel $950M 3NC1 +35, $750M 7Y +52, $600M 30Y +82
  • 05/25 $2B #Emirate of Abu Dhabi 7Y +45
  • 05/25 $Benchmark AAC Tech 5Y +185a, 10Y +225s

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