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Decent Start to Week

PIPELINE
At least $8.15B high-grade issuance Monday, still waiting for JP Morgan
  • Date $MM Issuer (Priced *, Launch #)
  • 06/21 $2.5B #HCA Inc $1B 10Y +95, $1.5B 30Y +140
  • 06/21 $2.5B #Martin Marietta $700M 2NC1 +40, $900M 10Y +92, $900M 30Y +112
  • 06/21 $2.15B #Bank of Nova Scotia $750M 2NC1 FRN/SOFR+28, $750M 5Y +48, $650M 5Y FRN/SOFR, 10Y +68
  • 06/21 $800M #Brighthouse Fncl $450M 2Y +35, $350M 7Y +78
  • 06/21 $650M #PPL electric Utilities 3NC1 FRN/SOFR+33
  • 06/21 $Benchmark JP Morgan 4NC3 +50, 4NC3 FRN SOFR
  • 06/21 $Benchmark BNP Paribas -- green bond investor call
  • On tap for Tuesday:
  • 06/22 $1B PSP Capital 5Y +9a

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