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Corporate Issuance Pause After Heavy Start to Week

PIPELINE
No new issuance as yet Thursday after whopping $64.05B corporate debt issued in the first half of the week, lead by Pfizer's record $31B 8-part jumbo on Tuesday. $12.15B Priced Wednesday:
  • Date $MM Issuer (Priced *, Launch #)
  • 05/17 $3B *EDF $1B 5Y +215, $1B 10Y +270, $1B 30Y +310
  • 05/17 $2.5B *Schwab $1.2B 6NC5 +205, $1.3B 11NC10 +227
  • 05/17 $1.25B *Blackrock 10Y +130
  • 05/17 $1.1B *SoCal Edison $400M 3Y +112.5, $700M 30Y +200
  • 05/17 $1B *NRW Bank 3Y +32
  • 05/17 $1B *SoCal Gas 10Y +165, 30Y +190
  • 05/17 $800M *ITC $300M 5Y +135, $500M 10Y +185
  • 05/17 $500M *BNY Mellon 3NC2 +100
  • 05/17 $500M *LYB Int Finance 10Y +205
  • 05/17 $500M *Amcor Finance 10Y +217
  • 05/17 $3.5B Venture Global 5NC2, 8NC3 investor calls

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