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Corporate Issuance Getting Heavy, Supra-Sovs Outpace Domestics

PIPELINE

Volkswagen 4pt Joins list of issuers

  • Date $MM Issuer (Priced *, Launch #)
  • 11/17 $3B World Bank (IBRD) 3Y +2, 7Y +14
  • 11/17 $1B BNG Bank 5Y +10
  • 11/17 $900M Alexander Funding 3Y +162a
  • 11/17 $Benchmark Volkswagen AM 2Y +80a, 3Y +90a, 5Y +110a, 7Y +125a
  • 11/17 $Benchmark Deutsche Bank 6NC5 fix/FRN +205a
  • 11/17 $Benchmark HSBC 6.5NC5.5 +140a
  • 11/17 $Benchmark ANZ 15NC10 +200a
  • 11/17 $Benchmark BCFM +3Y +70a
  • 11/17 $Benchmark Entergy Louisiana 3NC1 fix/FRN
  • 11/17 $Benchmark Rep of Italy, +5Y +90a (+30Y considered at later date)
  • 11/17 $Benchmark Saudi Aramco 3Y +125a, 5Y +140a, 10Y +160a, 30Y +185a, 50Y +210a; book over $25B
  • 11/17 $Benchmark Uzbekistan 10Y investor calls

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