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August Kicks-Off With Booz; July Total Corporate Issuance Crests $104B

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 08/01 $Benchmark Booz Allen Hamilton 10Y +220a
  • 08/01 $500M TriNet Group 8NC3 investor call
  • $19.2B Priced Monday, total $104.075B high-grade issuance for July
  • 07/31 $5B *BAT $1B 5.5Y +175, $1B 7Y +225, $1.25B 10Y +245, $750M 20Y +285, $1B 30Y +305
  • 07/31 $3.5B *Mercedes Benz $700M 2Y +52, $400M 2Y SOFR+57, $750M 3Y +72, $900M 5Y +95, $750M 10Y +115
  • 07/31 $3.5B *Santander $1.5B 5Y +140, $2B 10Y +295
  • 07/31 $2B *Lloyds $1.5B 4NC3 +148, $500M 4NC3 SOFR+156
  • 07/31 $1.6B *Norfolk Southern $600M 7Y +102, $1B 30Y +137
  • 07/31 $1.5B *State St $1.2B 3Y +75, $300M +3Y SOFR+84.5
  • 07/31 $800M *Invitation Homes $450M 7Y +158, $350M 10Y +173
  • 07/31 $800M *Xcel Energy 10Y +153
  • 07/31 $500M *Consumers Energy +5Y +75

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