Free Trial

US$ Credit Supply Pipeline, $3.5B CADES Leads Tue' Issuance

Date $MM Issuer (Priced *, Launch #)
05/10 $3.5B #CADES 3Y SOFR+30
05/10 $750M #KKR Grp 10Y +190
05/10 $700M #Public Service Co of Colorado $300M 10Y +120, $400M 30Y +145
05/10 $500M #Deutsche Bank 3Y +155a
05/10 $500M #State Street 11NC10 +143
05/10 $500M #Ameriprise WNG 10Y +153
05/10 $Benchmark Cat Fncl 1.5y SOFR+45, 3Y +65, 3Y SOFR
05/10 $Benchmark Amcor Flexibles 3Y +140a

05/09 No new issuance Monday

No new issuance Friday, $16.875B total for week
$9.325B Priced Thursday

05/05 $4B *Capital One $1B 3NC2 +145, $350M 3NC2 SOFR+135, $1.55B 6NC5 +190, $1.1B 11NC10 +220
05/05 $1.725B *Southern Co $862.5M WNG 2Y +155, $862.5M WNG 5Y +200
05/05 $1.5B *Qualcomm $500M 10Y +120, $1B 30Y +145
05/05 $1.1B *Clorox $00M 7Y +138, $600M 10Y +158
05/05 $1B *Northern Trust 5Y +100

05/04 No new issuance Wednesday, sidelined ahead FOMC

$3.7B Priced Tuesday, $7.55B/wk
05/03 $3B *UBS Group $1.2B 4NC3 +155, $600M 4NC3 SOFR+158, $1.2B 6NC5 +175
05/03 $700M *Excel Energy 10Y +167

$3.85B Priced Monday
05/02 $1.85B *Constellation Brands $550M 2Y +90, $600M 5Y +135, $700< 10Y +180
05/02 $1.5B *Georgia Power $700M 10Y +175, $800M 30Y +210
05/02 $500M *Northern States Power 30Y +148

Total 2021 high-grade corporate US$ issuance at $1.879T 2021 vs. record $2.196T for 2020

Apr'22$175.2B
Mar'22$258.425B (Highest since May 2020)
Feb'22$92.62B
Jan'22$203.26B
Dec'21$62.2B vs. $52.24B Dec'20 total; Q4 total $344.875B; $782.51B H2 2021
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 $2.196T
Dec'20$52.24B; $796.54B H2 2020
Nov'20$126.83B
Oct'20$111.65B
Sep'20$207.82B
Aug'20$204.50B
Jul'20$93.50B
Jun'20$180.50B; Record $1.40T H2 2020
May'20$270.90B
Apr'20$401.32B
Mar'20$275.48B
Feb'20$107.50B
Jan'20$165.18B

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.