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High-Grade Debt Issuance

PIPELINE

Issuers expected to hit the sidelines ahead the FOMC policy at 1400ET today, not to mention current earnings cycle. Nevertheless, $5.45B Priced Tuesday, $12.8B/wk.

  • Date $MM Issuer (Priced *, Launch #)
  • 07/27 $1.6B *American Express perp NC5 3.55%
  • 07/27 $1.2B *Air Canada 5NC 3.875%
  • 07/27 $1B *Bank of Nova Scotia 3Y +32
  • 07/27 $1B *Capital One Fncl Corp 11NC10 +112
  • 07/27 $650M *First American Fncl 10Y +120, upsized from $500M

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