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August Kicks Off With $15.35B Corporate Issuance

PIPELINE

Expect banks to ramp up issuance efforts as latest earnings cycle winds down:

  • Date $MM Issuer (Priced *, Launch #)
  • 08/02 $1.5B NextEra Energy WNG 2Y +125a
  • 08/02 $Benchmark Barclays 4NC3 +145a, 6NC5 +280a, 11NC10 +320a
  • 08/02 $Benchmark Macquarie Bank 4NC3 fix/SOFR, 11NC10
  • 08/02 $Benchmark ANZ Bank10NC5 +300a
  • 08/02 $500M KT Corp 3Y +125a
  • $15.35B Priced Monday
  • 08/01 $5.5B *Apple $1B 7Y +63, $1.5B 10Y +78, $1.75B 30Y +105, $1.25B 40Y +118
  • 08/01 $5B *UBS $1.75B 3NC2 +160, $1.75B 5NC4 +205, $1.5B 11NC10 +240
  • 08/01 $1.5B *Colgate-Palmolive $500M each: 3Y +30, 5Y +45, 10Y +75
  • 08/01 $800M *Consumers Energy WNG $350M 10Y +100, $450M 30Y +125
  • 08/01 $750M *Huntington Bancshares 6NC5 +177
  • 08/01 $750M *State Street Corp 11NC10 +155
  • 08/01 $650M *NY Life 3Y +78
  • 08/01 $400M *Edison International 3Y +190

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