January 22, 2025 18:30 GMT
PIPELINE: Corporate Bond Issuance Update
PIPELINE
Wrapping up midweek corporate bond issuance: $8.8B to Price Wednesday
- Date $MM Issuer (Priced *, Launch #)
- 01/22 $2.75B #PNC Financial $1B 6NC5 +80, $1.75B 11NC10 +98
- 01/22 $1.5B *OPEC Fund 3Y SOFR+64
- 01/22 $1.25B *CDC 3Y SOFR+57
- 01/22 $1.05B #Bank of Montreal $750M 4NC3 +67, $300M 4NC3 SOFR+86
- 01/22 $1B #Blackstone Private Cr Fund 7Y +175
- 01/22 $750M #Penske 5Y +85
- 01/22 $500M *FMO +3Y +35
- Expected to issue Thursday:
- 01/23 $Benchmark KDB 3Y SOFR+58a, 5Y SOFR+77a
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