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Corporate Bond Issuance Accelerating

PIPELINE
Corporate bond issuance accelerating as the latest earnings cycle winds down:
  • Date $MM Issuer (Priced *, Launch #)
  • 05/15 $Benchmark BGK 10Y +200
  • 05/15 $Benchmark CADES 5Y SOFR+47a
  • 05/15 $Benchmark Westpac 5Y SOFR+97a
  • 05/15 $Benchmark Weyerhauser 3Y +130a
  • 05/15 $Benchmark Florida Power & Light 3Y, 5Y, 7Y, 10Y
  • 05/15 $Benchmark Toyota Motor Credit 3Y fix/SOFR, 7Y
  • 05/15 $Benchmark Southern Co 5Y +155a, 10Y +185a
  • 05/15 $Benchmark COE Development Bank 3Y SOFR+24a
  • 05/15 $Benchmark State Street 3NC2 +130a, 11NC10 +185a
  • 05/15 $Benchmark Saudi Arabia Sukuk 6Y +100a, 10Y +125a
  • 05/15 $Benchmark JICA (Japan Int Cooperation Agcy) 5Y SOFR+80a
  • 05/15 $Benchmark Tokyo 3Y, 5Y investor calls
  • 05/15 $Benchmark Pfizer multi-tranche (2-40Y) investor calls re: $43B Seagen deal financing

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