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Dealer Debt Issuance Watch

PIPELINE

Likely more dealer issuance as banks exit earnings blackout

  • Date $MM Issuer (Priced *, Launch #)
  • 04/19 $Benchmark Taiwan Semiconductor Mfg (TSMC) 5Y +120a, 7Y +137a, 10Y +155a, 30Y +175a
  • On tap for Wednesday:
  • 04/20 $Benchmark ADB 3Y SOFR+24, 10Y SOFR+47a
  • $13.75B Priced Monday
  • 04/18 $7B #Morgan Stanley $2B 3NC2 +118, $500M 3NC2 SOFR+116.5, $2.5B 6NC5 +143, $2B 15NC10+245
  • 04/18 $6.75B #Wells Fargo $2.75B 4NC3 +125, $750M 4NC3 SOFR+132, $3.25B 31NC30 +168

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