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 |