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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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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