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PIPELINE: CORRECTS: $5B Arthur J Gallagher 5Pt Debt Issuance Launched

PIPELINE

Arthur J Gallagher $5B 5-part issuance is the largest since Conoco-Phillips issued $5.2B debt on November 25:

  • Date $MM Issuer (Priced *, Launch #)
  • 12/10 $5B #Arthur J Gallagher $750M 3Y +52, $750M 5Y +77, $500M +7Y +85, $1.5B +10Y +97, $1.5B +30Y +117
  • 12/10 $2.2B Saks Global 5NC2 (Neiman Marcus Group acquisition finding) 10.75%
  • 12/10 $1.5B #M&T Bank WNG $500M 4NC3 +72, $1B 11NC10 +117
  • 12/10 $1B #Amazon Conservation DAC 2042 +180
  • 12/10 $700M Brookfield Finance 30NC10 6.3%
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Arthur J Gallagher $5B 5-part issuance is the largest since Conoco-Phillips issued $5.2B debt on November 25:

  • Date $MM Issuer (Priced *, Launch #)
  • 12/10 $5B #Arthur J Gallagher $750M 3Y +52, $750M 5Y +77, $500M +7Y +85, $1.5B +10Y +97, $1.5B +30Y +117
  • 12/10 $2.2B Saks Global 5NC2 (Neiman Marcus Group acquisition finding) 10.75%
  • 12/10 $1.5B #M&T Bank WNG $500M 4NC3 +72, $1B 11NC10 +117
  • 12/10 $1B #Amazon Conservation DAC 2042 +180
  • 12/10 $700M Brookfield Finance 30NC10 6.3%