US$ High-Grade Credit Supply Pipeline - Aug. 15, 2017

Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:

8/15 BM     Amazon. com Inc. Baa1/AA- 144a/RegS 7-prt $16B+ deal BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "               3Y T+55s        BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "   1m par call:5.5Y T+75s      BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "   2m par call:7Y T+95-100     BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "   3m par call:10Y T+110s      BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "   6m par call:20Y T+120-125   BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "   6m par call:30Y +140-145    BAML/GS/JPM

8/15 BM     Amazon. com Inc.    "   6m par call:40Y +160-165    BAML/GS/JPM

8/15 BM     Laboratory Corp.of America Baa2/BBB 7Y+135s;10Y+150s BAML/WFS 

8/15 $350fM Protective Life A2/AA- Fndg-Agreemt-Bckd 5Y+90s High BARC/C/JPM

8/15 $1.0B  E*Trade Financial Corp. Baa3/BBB  5Y+140s;10Y+180s  BAML/CS/JPM/WFS

8/15 $300M  Western Union: Baa2/BBB $200M 2Y FRN; $100M Tap 3.5% Mar'22 C/USB

8/15 TBD    VMware Inc. BBB- investor calls Aug. 14-15  BAML/JPM

8/15 BM     Jamaica B3/B/B: Eyes Tap 6.75% 2028; Tap 7.875% 2045 BAML/C

8/15 TBD    Mississippi Power recently filed a $2.0B mixed shelf

8/15 TBD    American Wtr Works A3/A investors calls Aug. 3-4  JPM/USB/WFS

8/15 TBD    Apple Aa1/AA+:Had good earnings;did debt in May,Feb post-earnings

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MONDAY HAD $3.9B IN HIGH-GRADE CORPORATE BOND ISSUANCE 

8/14 $750M *Philip Morris A2/A/A      5Y +70            GS/MIZ/SG

8/14 $500M *Philip Morris A2/A/A      10Y+95            GS/MIZ/SG

8/14 $750M *Lear Corp. Baa3/BBB-      10Y+167           BAML/BARC/C

8/14 $750M *MTB A3/A-/A-              3Y +60; 2.05% cpn CS/JPM/MS/UBS

8/14 $500M *MTB A3/A-/A-              10Y+118;3.40% cpn CS/JPM/MS/UBS

8/14 $650M *DXC Technology Baa2/BBB Long 3Y/NC1 FRN 3ml+95 BAML

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FRIDAY: NO HIGH-GRADE ISSUANCE BUT TESLA (JUNK) SOLD; WEEK HAD $43.8B

8/11 $1.8B *Tesla B3/B- Junk unsecrd 8Y/NC3 5.25% GS/MS/BARC/BAML/C/DB/RBC

-- Debt is sr unsecured; deal upsized from initial expected $1.5B size

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THURSDAY HAD $4.0B IN HIGH-GRADE DEBT ISSUANCE; WEEK HAD $43.8B

8/10 $750M *Thermo Fisher Scientific Baa2/BBB/BBB 10Y +108    BAML/C/GS/JPM

8/10 $750M *Thermo Fisher Scientific Baa2/BBB/BBB 30Y +138    BAML/C/GS/JPM

8/10 $500M *O'Reilly Automotive Baa1/BBB+         10Y +140    BAML/WFS

8/10 $500M *Priceline Group Baa1/BBB+       Long  5Y  +100    GS/JPM/WFS

8/10 $500M *Priceline Group Baa1/BBB+       Long  10Y +135    GS/JPM/WFS

8/10 $500M *Intercontinental Exchange A2/A        5Y +62      BAML/MUFG/WFS 

8/10 $500M *Intercontinental Exchange A2/A        10Y +92     BAML/MUFG/WFS 

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WED HAD $5.15B IN US$ HIGH-GRADE CORPORATE BOND ISSUANCE, WEEK HAS $39.8B: 

8/9 $1.25B *Procter & Gamble Aa3/AA-           5Y +38      C/GS/JPM 

8/9 $750M  *Procter & Gamble Aa3/AA-           10Y +63     C/GS/JPM 

8/9 $750M  *McCormick & Co.  Baa2/BBB          5Y +90      BAML/CS/WFS

8/9 $700M  *McCormick & Co.  Baa2/BBB          7Y +110     BAML/CS/WFS

8/9 $750M  *McCormick & Co.  Baa2/BBB          10Y+120     BAML/CS/WFS

8/9 $300M  *McCormick & Co.  Baa2/BBB          30Y+140     BAML/STRH/WFS

8/9 $650M  *Cerro Del Aguila Baa3/BBB- 10Y +190           CS/JPM/SCOT/CREDIC

8/9 E1.1B  *British Amer.Tobacco EUR 4Y 3m Euribor+50     DB/ING/NATW/SANT/SG 

8/9 E750M  *British Amer.Tobacco EUR 6.25Y MS+75          DB/ING/NATW/SANT/SG 

8/9 E1.25B *British Amer.Tobacco EUR 12.5y MS+120         DB/ING/NATW/SANT/SG 

8/9 GBP450M *British Amer.TobACCO GBP 8Y:Uk Gilt +143     DB/ING/NATW/SANT/SG 

8/9 GBP/EUR *British Amer.TobACCO GBP & EUR DEBT follow Tues $17.25B US$ BAT

debt

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TUESDAY HAD $19.7B IN HIGH-GRADE CORPORATE DEBT ISSUANCE

8/8 $17.25B *British American Tob Baa2/BBB+ Total Tue BAML/BARC/C/DB/HSBC

8/8 $2.25B  *British American Tob US$ 3Y +80         BAML/BARC/C/DB/HSBC

8/8 $1.0B   *British American Tob US$ 3Y FRN 3ml+59   BAML/BARC/C/DB/HSBC

8/8 $2.25B  *British American Tob US$ 5Y +95          BAML/BARC/C/DB/HSBC

8/8 $750M   *British American Tob US$ 5Y FRN 3ml+88   BAML/BARC/C/DB/HSBC

8/8 $2.5B   *British American Tob US$ 7Y +115         BAML/BARC/C/DB/HSBC

8/8 $3.5B   *British American Tob US$ 10Y +130        BAML/BARC/C/DB/HSBC

8/8 $2.5B   *British American Tob US$ 20Y +155        BAML/BARC/C/DB/HSBC

8/8 $2.5B   *British American Tob US$ 30Y +170        BAML/BARC/C/DB/HSBC

8/8 $600M   *Noble Energy Baa3/BBB/BBB- Long 10Y +160       C/JPM/MUFG

8/8 $500M   *Noble Energy Baa3/BBB/BBB- 30Y +210            C/JPM/MUFG

8/8 $225M   *Conn. Light & Power A2/A+/A+ Tap 4.3% 2044 +85 MIZ/WFS

8/8 $300M   *Oklahoma Gas & Electric A1/A-/A+ 30Y +100      JPM/MUFG/USB 

8/8 $600M   *VEREIT Opratg Ptnrshp Baa3/BBB-/BBB- 10Y +175 BAML/JPM/WFS

8/8 $200M   *Repub.of Gabon B3/B+ Tap of 2025 6.950% ; 6.850% (+470.8) DB 

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MONDAY HAD $14.95B IN HIGH-GRADE CORPORATE DEBT ISSUANCE:

8/7 $2.0B  *UBS A-/A                  6Y/NC5 Fix +105    UBS  

8/7 $1.25B *UBS A-/A                  6Y/NC5 FRN 3ml+95  UBS 

8/7 $$500M *Duke Energy Sr Unsec RegS 5Y +63      BARC/BAML/CS/JPM/MUFG

8/7 $750M  *Duke Energy Sr Unsec RegS 10Y +93     BARC/BAML/CS/JPM/MUFG

8/7 $500M  *Duke Energy Sr Unsec RegS 30Y +113    BARC/BAML/CS/JPM/MUFG

8/7 $700M  *Enterprise Prodcts Baa2/BBB- 60YNC5 Fxd-FRN 5.875% BARC/C/MIZ/MUFG

8/7 $1.0b  *Enterprise Prodcts Baa2/BBB- 60YNC10 Fxd-FRN 5.25% BARC/C/MIZ/MUFG 

8/7 $350M  *Kraft Heinz Foods Baa3/BBB-     2Y FRN 3ml+42     BARC/JPM 

8/7 $650M  *Kraft Heinz Foods Baa3/BBB-     3.5Y FRN 3ml+57   BARC/JPM 

8/7 $500M  *Kraft Heinz Foods Baa3/BBB-     5Y FRN 3ml+82     BARC/JPM 

8/7 $1.35B *American Water Cap. $600M 10Y +73, $750M 30Y +93 

8/7 $1B    *Regions Financial $1b 5Y Fxd +95

8/7 $1B    *Aetna Inc $1b 30Y Sr Unsecured at +105

8/7 $850M  *Dynegy 8.5NC3 at 99.259, 8.25%yld

8/7 $750M  *Ares Capital Sr Unsecured 5Y  +170

8/7 $500M  *CNA Financial Sr Unsecured 10Y +122

8/7 $500M  *Centerpoint Energy 5Y +70

8/7 $500M  *Ecolab Inc 5Y Sr Unsecured 5Y +57

8/7 $300M  *PACCAR Financial 5Y at +50

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FRIDAY HAD NO ISSUANCE: WEEK HAD $29.64B HIGH-GRADE CORPORATE BOND ISSUANCE:

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THURSDAY HAD $5.05B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

8/3 $1.2B *Paiton Energy 13Y amortzg (10Y WAL)4.625% BARC/C/DBS/DB/HSBC

8/3 $800M *Paiton Energy 20Y amortzg (17Y WAL)5.625% BARC/C/DBS/DB/HSBC

8/3 $1.0B *Capitol One Baa1/BBB+/A- 3a2-exmpt 5Y+90  CAPFIN/C/CS/GS/MS

8/3 $300M *Capitol One Baa1/BBB+/A- "  5Y FRN 3ml+82 CAPFIN/C/CS/GS/MS

8/3 $1.0B *Kinder Morgan Baa3/BBB-/BBB- sr 5.5Y +140      BAML/BARC/JPM 

8/3 $250M *Kinder Morgan Baa3/BBB-/BBB- 5.5Y FRN:3ml+128  BAML/BARC/JPM 

8/3 $500M *Georgia Power A3/A-/A+          3Y T+53      BARC/MUFG/SCOT

8/3 TBD    Lockheed Martin filed debt shelf Baa1/BBB+ 

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WEDNESDAY HAD $8.4B IN HIGH-GRADE CORPORATE/SOVEREIGN DEBT ISSUANCE:

8/2 $500M *Nordic Invstmt Bk Aaa/AAA global 2Y 1.5% cpn MS-6 BAML/RBC

8/2 $1.0B *Iraq B-/B-;No USAID guarantee: March 2023 6.75%   C/DB/JPM

8/2 $500M *General Motors Baa3/BBB/BBB   3Y FRN 3ml +80      BAML/DB/MS

8/2 $750M *General Motors Baa3/BBB/BBB   10Y +195            BAML/DB/MS

8/2 $1.0B *General Motors Baa3/BBB/BBB   20Y +230            BAML/DB/MS

8/2 $750M *General Motors Baa3/BBB/BBB   30Y +255            BAML/DB/MS

8/2 $1.4B *Colombia Baa2/BBB/BBB US$ Tap 3.875% Apr'27 +175  BAML/DB/HSBC

8/2 $350M *Digital Realty Baa2/BBB/BBB RegS Long 5Y +95      BAML/C/CS/JPM/MS

8/2 $1.0B *Digital Realty Baa2/BBB/BBB RegS 10Y T+145        BAML/C/CS/JPM/MS

8/2 $450M *Southwestern Public Service A2/A/A- FMB 30Y +88   KEY/MIZ/USB/WFS

8/2 $700M *Huntington Ntl Bk A3/BBB+/A- 5Y Fxd+73            BAML/DB/NT/MS

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3/21 $500M Paraguay US$ sovrgn bond; March 20-21 rdshw (US,EU) Citi

2/9 $1.0B  AFD US$ RegS bond delayed Tues:choppy mkt  3Y  BARC/BNP/DB/JPM

2/9 TBD    Columbia Baa2/BBB/BBB Lg10Y+185s;Tap 5% Jun'45 +235s C/ITAU/MS

2/9 TBD    United Technologies A3/A- said Dec.14 will do debt early 2017

2/9 $350M  PG&E Corp Baa1/BBB mixed SEC shelf registration

2/2 TBD    Columbia Baa2/BBB/BBB Lg10Y+185s;Tap 5% Jun'45 +235s C/ITAU/MS

2/2 TBD    United Technologies A3/A- said Dec.14 will do debt early 2017

2/2 $350M  PG&E Corp Baa1/BBB mixed SEC shelf registration

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Scroll Down: More Corporate, Supra/Sovergn/Agency Supply/Calendars

2017 U.S. Agency Calendar Funding Dates 

- Fannie Mae Benchmark Notes: 2017: Jan 4, Jan 25; Feb 23; March 1; March 16;

Apr 5; Apr 12; May 15; May 17; Jun 21; July 12; July 27; Aug 16; Sep 12; Oct 4;

Oct 17, Nov 15; Dec 20th;

- Freddie Mac Reference Notes: 2017: Jan 11, Jan 18; Feb 8, Feb 15; March 20;Apr

18; May 24; June 19; June 26; July 17; July 20; Aug 9; Sept 14; Sept 27; Oct 25;

Nov 13; Dec 6; Dec 14th

- FHLBanks Global Notes: 2017: Jan 19, Feb 13, Feb 28; March 8; March 22; Apr

26; May 10; June 7; June 28; July 5; Aug. 1; Aug. 23; Sept. 6; Oct. 11; Oct 19;

Nov. 8; Nov. 29; Dec. 4

Rumored/Pipeline PMC=Pending Market Conditions, TALK=Market Chatter,

NOTE=Reported Potential Deal RDS=Roadshow to Start, RDE=Roadshow Ended,

SHF=Shelf Filing

--MNI New York Bureau; tel: +1 212-669-6432; email: sheila.mullan@marketnews.com

[TOPICS: MTABLE,M$U$$$,MN$CO$]