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BMW US Capital 5Pt on Debt Issuance on Tap

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 3/25 $750M MGM Resorts 8NC3
  • 3/25 $700M AMC Networks 4.75NC1.75
  • 3/25 $600M Esab Corp 5NC2
  • 3/25 $500M Union Electric WNG 10Y +120a
  • 3/25 $Benchmark BMW US Capital 2Y +70a, 2Y SOFR, 3Y +80a, 5Y +90a, 10Y +110a (the last time BMW issued debt was on August 8 '23, $3B total: $800M 2Y +55, $600M 2Y SOFR+62, $1B 5Y +95, $600M 10Y +115)
  • 3/25 $Benchmark Quebec 5Y SOFR+53a
  • 3/25 $Benchmark Penske 5Y +140a
  • 3/25 $Benchmark PSEG (Public Service Enterprise Grp) 5Y +120a, 10Y +150a
  • 3/25 $Benchmark LSEG (London Stock Exchange) 3Y +95a, 10Y +135a
  • 3/25 $Benchmark KNOC (Korean National Oil) 3Y + 70, 3Y SOFR+83, 5Y

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