Free Trial

Merck 6Pt on Tap, May Eclipse Apple 5Pt Debt Issuance Tonday

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 05/08 $Benchmark Merck 6Pt: 5Y +90a, 7Y +110a, 10Y +125a, 21Y +130a, 30Y +145a, 40Y +160a. For reference, Merck issued $8B over 5 tranches on December 7, 2021: $1.5B 5Y +45, $1B 7Y +50, $2B 10Y +70, $2B 30Y +95 and $1.5B 40Y +110
  • 05/08 $Benchmark Apple 5pt: 3NC1 +90a, 5Y +80a, 7Y +90a, 10Y +105a, 30Y +135a. For reference, Apple issued $5.5B debt on August 1, 2022: $1B 7Y +63, $1.5B 10Y +78, $1.75B 30Y +105, $1.25B 40Y +118
  • 05/08 $1B Ball Corp 6NC3
  • 05/08 $Benchmark Bell Telephone of Canada 3NC1, 10Y
  • 05/08 $700M Baltimore Gas WNG 30Y+185a

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.