Free Trial

Issuance Surge, Near Twice Wk Opener at $22.75B

PIPELINE
At least $22.75B to price Tuesday vs. $12.5B Monday, still waiting on Prosus and Supra-Sovereign Panama. Credit spds continue to narrow, swap spds narrow as rate lock hedged some off.
  • Date $MM Issuer (Priced *, Launch #)
  • 01/11 $5B #Societe Generale $1.25B 4NC3 +105, $750M 4NC3 SOFR+105, $1.25B 6NC5 +130, $1B 11NC10 +160, $750M 21NC20 +190
  • 01/11 $5B #KFW 3Y SOFR+10
  • 01/11 $3.5B *ADB 5Y SOFR+22
  • 01/11 $2.5B #CIBC 5Y SOFR+48
  • 01/11 $2.3B #MUFG 6NC5 +83, 11NC10 +110
  • 01/11 $1.75B #American Honda $1.1B 3Y +35, $650M 7Y +60
  • 01/11 $Benchmark Prosus $1B 5Y +180, 10Y +250, 30Y +295
  • 01/11 $Benchmark Panama 11Y +185a, 40Y +270a
  • 01/11 $1.2B #SONOCO $400M 3NC1 +62.5, $300M 5Y +75, $500M 10Y +112.5
  • 01/11 $900M #NY Life $450M 3Y +30, $450M 3Y SOFR+33
  • 01/11 $600M *Triton Container Int 10Y +155
  • Expected Wednesday:
  • 01/12 $Benchmark Kommunalbanken Norway 5Y SOFR+29
  • 01/12 $500M JBIC WNG 5Y Green +39a

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.