September 12, 2024 20:03 GMT
US$ Credit Supply Pipeline
- Date $MM Issuer (Priced *, Launch #)
- 9/12 $9B #HP Enterprises $1.25B 2Y +80, $1.25B 3Y +90, $1.75B 5Y +110, $1.25B 7Y +130, $2B 10Y +145, $1.5B 30Y +175
- 9/12 $4.1B #Citigroup $3B 6NC5 +108, $1.1B 15NC10 +173
- 9/12 $1B #Raizen Fuels Finance +10Y +218
- 9/12 $800M Service Corp 8NC3 5.75%a
- 9/12 $500M #Kimco Realty +10Y +118
- Just over $700M Priced Wednesday
- 9/11 $715M *Perrigo 8NC3 6.125%
- 9/11 $2B Alliant Holdings $1B 7NC3, $1B 8NC3 investor calls
- $24.05B Priced Tuesday, $29.8B/wk
- 9/10 $7B *Oneok $1.25B 3Y +80, $600M 5Y +100, $1.25B 7Y +130, $1.6B 10Y +145, $1.5B 30Y +175, $800M 40Y +190
- 9/10 $2B *Bunge Ltd Finance $400M +3Y +65, $800M 5Y +80, $800M 10Y +105
- 9/10 $2B *Provence of Ontario 5Y SOFR+57
- 9/10 $2B *IADB 7Y SOFR+52
- 9/10 $2B *AfDB 5Y SOFR+41
- 9/10 $1.25B *APA Infrastructure $750M 10Y +165, $500M 20Y +182
- 9/10 $1.25B *Helmerich & Payne $350M 3Y +120, $350M 5Y +145, $550M 10Y +190
- 9/10 $1B *Nissan Motor Acceptance Co $400M 3Y +185, $300M 3Y SOFR+205, 400M $5Y +215
- 9/10 $1B *CK Hutchinson $500M 5.5Y +95, $500M 10Y +115
- 9/10 $1B *Kommuninvest WNG 2027 SOFR+36
- 9/10 $1B *Blue Owl Credit +5Y +260
- 9/10 $800M *Wynn Resorts 8.5NC3 6.25%
- 9/10 $750M *IDB Invest +2Y SOFR+35
- 9/10 $500M *MassMutual 7Y +85
- 9/10 $500M *Macquarie Airfinance 5.5Y +172
- $7.75B Priced Monday
- 9/09 $2.15B *Aptiv $550M 5Y +118, $550M 10Y +148, $550M 30Y +178, $500M 30NC5 6.875%
- 9/09 $1.8B *Phillips 66 $600M 7Y tap +110, $600M 10Y +125, $600M 30Y +150
- 9/09 $1B *National Rural Utilities $550M 3Y +58, $300M 3Y SOFR+82, $150M 2029 tap +73
- 9/09 $1B *PG&E 30.5NC5.25 7.375%
- 9/09 $600M *ERP Operating 10Y +100
- 9/09 $600M *Sixth St Lending +5Y +230
- 9/09 $600M *Wisconsin Electric WNG $300M 10Y +90, $300M 30Y +108
- 9/09 $1.25B Viasat 5NC2 investor calls, expected to price Wed
- 9/09 $Benchmark Nissan Motor Acceptance Co investor calls
- 9/09 $Benchmark Helmerich & Payne investor calls
- 9/09 $Benchmark Oneok investor calls
- 8/27 $1.25B #Allianz 30NC10 5.6%
- 8/27 $500M #BOC Aviation 7Y +105
- Expected Wednesday:
- 8/28 $Benchmark Osterreichische Kontrollbank (OKB) 5Y SOFR+44a
- 8/28 $Benchmark Export Development Canada (EDC) 3Y SOFR+33a
- 8/28 $Benchmark Province of Quebec 10Y +90a
- 8/26 No new US$ corporate issuance Monday
- 8/23 No new US$ corporate issuance Friday, $38.4B total for the week
- $3.05B Priced Thursday
- 8/22 $1.25B #Athene Global $850M 2Y +85, $400M 2Y SOFR+103
- 8/22 $800M #IFC 4Y SOFR+31
- 8/22 $500M #Mondelez 10Y +92
- 8/22 $500M #Pacific Life 5Y +78
- $4.75B Priced Wednesday, $35.35B/wk
- 8/21 $3.5B *ADB SOFR+38
- 8/21 $1.25B *Rabobank $500M 2Y +43, $750M 2Y SOFR+6
- $23.6B Priced Tuesday, $30.6B/wk
- 8/20 $10.5B *Kroger $1B 2Y +70, $1B 3Y +80, $1.4B 5Y +97, $1.3B 7Y +117, $2.2B 10Y +122, $2.1B 30Y +147, $1.5B 40Y +162
- 8/20 $6.5B *World Bank $3B 2Y +27, $3.5B10Y +57
- 8/20 $5B *EIB 5Y SOFR+38
- 8/20 $1B *Pricoa Global Funding $600M 3Y +60, $400M 7Y +93
- 8/20 $600M *Development Bank of Japan (DBJ) 3Y SOFR+53
- $7B Priced Monday
- 8/19 $2.25B *Devon Energy $1.25B 10Y +135, $1B 30Y +165
- 8/19 $2B *Roper $500M 5Y +85, $500M +7Y +100, $1B 10Y +110
- 8/19 $1B *Duke Energy 30Y 6.45%
- 8/19 $750M *Corebridge Global 3Y +80
- 8/19 $500M *Realty Income WNG 30Y +135
- 8/19 $500M *Flex +7Y +150
- 8/16 No new US$ corporate bond issuance Friday, $29.4B total priced on week
- $6.5B to Price Thursday
- 8/15 $1.85B *Quest Diagnostics $400M 3Y +70, $600M 5Y +85, $850M 10Y +112.5
- 8/15 $1.5B *Cox Communications $750M 10Y +157, $750M 30Y +177
- 8/15 $1.5B *Prime Healthcare 5NC2 9.375%
- 8/15 $850M *Boston Properties +10Y +183
- 8/15 $800M *Western Midstream 10Y +155
- 8/15 $Benchmark Devon Energy customer calls
- $6.5B Price Wednesday, $22.9B/wk
- 08/14 $3.65B *US LiquidsCo $700M 3Y +120, $1B 5Y +140, $1.25B 10Y +175, $700M 30Y +210
- 08/14 $1.1B *South Bow $450M 30.5NC5.25 7.625%, $650M 30.5NC10.25 7.5%
- 08/14 $1B *State Street 4.5NC3.5 +77
- 08/14 $750M *OneMain Finance 7.25NC3 7.125%
- 08/13 No new issuance Tuesday
- $16.4B Priced Monday
- 8/12 $5B *Eli Lilly $750M 3Y +35, $1B 5Y +50, $1.25B 10Y +70, $1.25B 30Y +88, $750M 40Y +100
- 8/12 $2.5B *Caterpillar $750M 2Y +47, $500M 2Y SOFR+69, $650M 3Y +58, $600M 5Y +68
- 8/12 $2.5B *Bank of America 11NC10 +152
- 8/12 $1.75B *NatWest $500M 4.25NC3.25 SOFR+130, $1.25B 6NC5 +122
- 8/12 $1.2B *CDW $600M +5Y +137.5, $600M 10Y +168
- 8/12 $800M *CenterPoint Energy $400M 30.5NC5.25 7%, $400M 30.5NC10.25 6.85%
- 8/12 $650M *Equifax +5Y +105
- 8/12 $500M *Principle Life 3Y +80
- 8/12 $500M *Arrow Electronics 5Y +143
- 8/12 $500M *EnLink Midstream 10Y +180
- 8/12 $500M *O'Reilly Automotive 10Y +113
- 8/12 $1.5B JetBlue 7NC3 7%a investor calls
- 8/9 No new US$ corporate debt issuance Friday, $47.35B total for the week
- $9B Priced Thursday
- 8/8 $1.5B *William Cos $450M +5Y +100, $300M 10Y +127, $750M +30Y +150
- 8/8 $1.5B *Marriott Int $500M +5Y +102, $1B +10Y +142
- 8/8 $1.2B *Post Holdings 8.5NC3 6.375%
- 8/8 $1B *DaVita 8NC3 6.875%
- 8/8 $1B *Tennessee Valley Authority 10Y +48
- 8/8 $700M *Zimmer Biomet 10Y +120
- 8/8 $600M *Southern California Gas WNG 10Y +110
- 8/8 $500M *Howmet Aerospace 7Y +100
- 8/8 $500M *Essential Utilities 3Y +90
- 8/8 $500M *Prologis 10Y +132
- $32.2B Priced Wednesday, $38.35B/wk
- 8/7 $10.5B *Meta Platforms $1B 5Y +55, $1B 7Y +70, $2.5B 10Y +80, $3.25B 30Y +115, $2.75B 40Y +130
- 8/7 $3.7B *BMW $750M 2Y +65, $750M 2Y SOFR+80, $700M 3Y +75, $300M 3Y SOFR+92, $600M 5Y +90, $600M 7Y +105
- 8/7 $3B *Coca-Cola $750M 10Y +70, $1.5B +30Y +95, $750M 2064 tap+110
- 8/7 $3B *HCA Inc, $750M 4/1/31 tap +125, $1.25B 10Y +150, $1B 30Y +168
- 8/7 $2B *VW Group $500M 2Y +90, $400M 2Y SOFR+106, $500M 3Y +100, $600M 5Y +120
- 8/7 $1.75B *Unilever Capital $750M 3Y +50, $1B 10Y +80
- 8/7 $1.5B *Lightning Power 8NC3 7.25%
- 8/7 $1.25B *Quanta Services $600M 3Y +95, $650M 10Y +135
- 8/7 $1B *BorgWarner $00M 5Y +125, $500M 10Y +155
- 8/7 $1B *GE Healthcare 5Y +103
- 8/7 $850M *Sherwin-Williams $400M +3Y +78, $450M 7Y +108
- 8/7 $750M *Genuine Parts 5Y +125
- 8/7 $700M *Host Hotels +10Y +175
- 8/7 $700M *D.R. Horton 10Y +115
- 8/7 $500M *Idex WNG 5Y +118
- $6.15B Priced Tuesday
- 8/6 $2.5B *Toyota Motor Credit $750M 2Y +60, $750M 2Y SOFR+77, $1B 5Y +87.5
- 8/6 $1.2B *Virginia Electric & Power $600M 10Y +120, $600M 30Y +140
- 8/6 $1B *Targa Resources +10Y +160
- 8/6 $700M *Entergy Louisiana 10Y +130
- 8/6 $750M *PPL Capital Funding 10Y +143
- 8/2-8/5 No new US$ corporate debt issued Friday-Monday
- $11.825B Priced Thursday
- 8/1 $3B *Peru $1.25B +10Y +140, $1.75B +30Y +165
- 8/1 $2.5B *Enterprise Products $1.1B +10Y +105, $1.4B +30Y +130
- 8/1 $1.75B *Fiserv $850M +5Y +95, $900M 10Y +120
- 8/1 $1.25B *Crown Castle $550M 5Y +110, $700M 10Y +130
- 8/1 $1.1B *PSE&G $600M 10Y +90, $500M 30Y +105
- 8/1 $1B *Truist Financial8NC7 +127
- 8/1 $700M *PACCAR 3Y +50
- 8/1 $525M *NY State Electric 10Y +135
- 8/1 $Benchmark DR Horton investor calls
6/28 No new US$ debt issuance Friday, $39.1B total priced on week
Jul'24 | $150.9B |
Jun'24 | $122.875B |
May'24 | $160.85B |
Apr'24 | $159.33B total for the month |
Mar'24 | $186.625B; $736.175B Q1 |
Feb'24 | $254.2B |
Jan'24 | $295.35B, highest since April 2020 |
Dec'23 | $28.1B; $1.560T total of 2023 vs. $1.463T for 2022 |
Nov'23 | $131.7B |
Oct'23 | $108.3B |
Sep'23 | $165.25B; $348.775B Q3 |
Aug'23 | $79.45B |
Jul'23 | $104.075B |
Jun'23 | $113.195B; $403.605B Q2 |
May'23 | $168.22B |
Apr'23 | $122.19B |
Mar'23 | $122.05B; $540.175B Q1 |
Feb'23 | $186.7B |
Jan'23 | $231.425B |
Dec'22 | $7.75B; $1.463T total for 2022 vs. $1.879T in 2021 |
Nov'22 | $115.9B |
Oct'22 | $51.85B |
Sep'22 | $105.25B; $1.287T through Q3 |
Aug'22 | $168.5B |
Jul'22 | $100.6B |
Jun'22 | $80.85B; $913.58B first half of 2022 |
May'22 | $103.225B |
Apr'22 | $175.2B |
Mar'22 | $258.425B (Highest since May 2020) |
Feb'22 | $92.62B |
Jan'22 | $203.26B |
Dec'21 | $62.2B ; $1.879T total for 2021 vs. Record $2.197T total for 2020 |
Nov'21 | $133.875B |
Oct'21 | $148.8B |
Sep'21 | $215.635B; Q3 total $437.64B |
Aug'21 | $97.12B |
Jul'21 | $124.885B |
Jun'21 | $136.35B; Q2 total $478.875B |
May'21 | $159.125B |
Apr'21 | $183.4B |
Mar'21 | $232.62B; Q1 total $618.03B |
Feb'21 | $157.86B |
Jan'21 | $227.55B |
2020 Recap: | Record $2.197T total for 2020 |
Dec'20 | $52.24B |
Nov'20 | $126.83B |
Oct'20 | $111.65B |
Sep'20 | $207.82B |
Aug'20 | $204.50B |
Jul'20 | $93.50B |
Jun'20 | $180.50B |
May'20 | $270.90B |
Apr'20 | $401.32B |
Mar'20 | $275.48B |
Feb'20 | $107.50B |
Jan'20 | $165.18B |
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