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Corporate Debt Finishing July Strong

PIPELINE

At least $17.7B to price Monday, still waiting for State St 3Y fixed/SOFR to launch

  • Date $MM Issuer (Priced *, Launch #)
  • 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 $800M #Invitation Homes $450M 7Y +158, $350M 10Y +173
  • 07/31 $800M #Xcel Energy 10Y +153
  • 07/31 $500M #Consumers Energy +5Y +75
  • 07/31 $Benchmark State St 3Y +75, +3Y SOFR

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