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Corporate Debt Starting to Issue, Still Waiting for Apple Details

PIPELINE
$3B Humana 3pt launched
  • Date $MM Issuer (Priced *, Launch #)
  • 07/29 $Benchmark Apple 4pt jumbo: 7Y +60a, 10Y +70a, 30Y +100a, 40Y +115a (for comparison, Apple issued $8.5B back on May 4, 2020: $2B 3Y +60, $2.25B 5Y +80, $1.75B 10Y +110, $2.5B 30Y +145)
  • 07/29 $3B #Humana $1.5B 2NC.5 +50, $750M 5Y +65, $750M 10Y +90
  • 07/29 $Benchmark Synnex 3NC1 +95a, 5Y +115a, 7Y +135a, 10Y +145a
  • 07/29 $Benchmark Blackstone 7Y +65a, 10.5Y +85a, 30Y +95a
  • 07/29 $500M #New York Life 10Y +58
  • 07/29 $500M DR Horton Inc 5Y +65a

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