Free Trial

US$ High-Grade Credit Supply Pipeline, Aug 6, 2020

  • Date $MM Issuer (Priced *, Launch #)
  • $9B Priced Wednesday; $31.55B total on week
  • 08/05 $2.5B *BP Capital Mkts $1B 10Y +120, $1.5B +30Y +155
  • 08/05 $2B *Activision Blizzard $500M 10Y +85, $1.5B 30Y +130
  • 08/05 $1.5B *BNP Paribas 15NC10 +205
  • 08/05 $1.5B *Barclays PerpNC5 6.125%
  • 08/05 $1.2B *China Merch Bank (CMB) $800M 5Y +170, $400M 10Y +228
  • 08/05 $300M *Tuscon Electric 10Y +100
  • $4.875B Priced Tuesday; $22.55B/wk
  • 08/04 $1.5B *Credit Suisse PerpNC7 5.25%
  • 08/04 $1B *Bank of Panama 10Y +200
  • 08/04 $600M *AutoZone WNG +10Y +117
  • 08/04 $600M *NY Life Global 10Y +70
  • 08/04 $500M *Moody's WNG 40Y +140
  • 08/04 $375M *Public Svc Electric&Gas WNG 30Y +90
  • 08/04 $300M *PACCAR Fncl WNG 3Y +28
  • Total $17.675B high-grade corporate debt priced Monday (Fannie Mae 10Y adds $4.5B)
  • 08/03 $10B *Alphabet 6pt: $1B 5Y +25, $1B 7Y +45, $2.25B 10Y +58,
  • $1.25B 20Y +73, $2.5B 30Y +88 and $2B 40Y +108
  • 08/03 $4.5B *Fannie Mae 10Y +40
  • 08/03 $3B *AstraZeneca $1.2B +5Y +55, $1.3B 10Y +85, $500M 30Y +100
  • 08/03 $500M *China Int Capital Corp 3Y +170
  • 08/03 $1B *Praxair $700M 10Y +57, $300M 30Y +80
  • 08/03 $800M *DTE Energy 5Y +85
  • 08/30 $500M *Textron WNG +10Y +190
  • 08/03 $450M *Mid-America Apt +10Y +120
  • 08/03 $425M *Kilroy Realty 12Y +200
  • Limited Friday issuance, $21.5B total priced last wk
  • 07/31 $210M *Kobe City 5Y +50
  • $2.5B Priced Thursday; $21.5B total/wk
  • 07/30 $1.25B *Enterprise Products Op $250M 30Y +140, $1B 52Y +205
  • 07/30 $750M *Truist Financial 7Y +75
  • 07/30 $500M *Nordic Inv Bank 2Y +3
  • Only $1B Priced Wednesday; $19B/wk
  • 07/29 $1B *Alexandria Real Estate +12Y +130
  • $2.15B Priced Tuesday, $18B/wk
  • 07/28 $1.25B *Florida Power & Light 3NC6 FRN, L+38
  • 07/28 $900M *Reliance Steel $400M 5Y +110, $500M 10Y +160
  • $15.85B Priced Monday
  • 07/27 $11B *ATT $2.25B 7.5Y +120, $2.5B 11.5Y +165,
  • $2.5B 22.5Y +185, $2.25B 31.5Y +205, $1.5B 40.5Y +225
  • 07/27 $2.6B *UBS $1.3B Each 4NC3 +83, 6.5NC5.5 +108
  • 07/27 $1.25B *Kinder Morgan $750M 10Y +150. $500M 30Y +210
  • 07/27 $1B *Prosus 30Y+280
  • 07/24 Nothing in the works Friday; running total for month at $71B
  • $3.2B Priced Thursday; $18.3B total for week
  • 07/23 $2B *Ukraine +12Y around 7.25%
  • 07/23 $600M *Mirae Asset $300M 3Y +205, $300M 5Y +245
  • 07/23 $600M *Swedish Export Credit Corp 4Y +17
  • $2.6B priced Wednesday; $15.1B/wk
  • 07/22 $1B *Canada Pension Plan Inv. Brd (CPPIB) WNG 5Y +19
  • 07/22 $1B *State Power Inv Corp 5Y +138
  • 07/22 $600M *Lennox WNG $300M 5Y +110, $300M 7Y +130
  • $5.7B Priced Tuesday
  • 07/21 $5B *World Bank (IBRD) 5Y +10
  • 07/21 $700M *Industrial & Commercial Bank of China (ICBC) CT5+150
  • $6.8B Priced Monday
  • 07/20 $4.75B *Bank of America $2.75B 11NC10 +128, $2B 21NC20 +135
  • 07/20 $750M *Toyota Motor Credit 2Y +33
  • 07/20 $500M *FLIR WNG 10Y +190
  • 07/20 $500M *Shanghai Pudong Dvlp Bank (SPDB) 3Y FRN L+85
  • 07/20 $300M *GS Caltex 5Y +142.5
  • 07/20 $Benchmark Industrial & Commercial Bank of China (ICBC) inv call
  • 07/17 No new issuance Friday; $20.2B priced on week
  • $5.1B Priced Thursday; $20.2B/wk
  • 07/16 $3.25B *Quebec 5Y +30
  • 07/16 $1.25B *US Bancorp 10Y +83
  • 07/16 $600M *Globe Telecom $300M each 10Y +190, 15Y +245
  • $2B Priced Wednesday; $15.1B total/wk
  • 07/15 $2B *Provence of Alberta 10Y +72
  • $4.45B Priced Tuesday; $13.1B/wk
  • 07/14 $1.75B *Hewlett Packard $1B +3Y +130, $750M +5Y +150
  • 07/14 $1B *Inter-American Inv Corp (IDB Invest) 3Y +29
  • 07/14 $500M *Japan Int Cooperation Agency (JICA) 10Y +46
  • 07/14 $500M *CCB Leasing 5Y CT5+175
  • 07/14 $400M *UDR 12Y +150
  • 07/14 $300M *Doosan Infracore 3Y +87.5
  • $8.65B Priced Monday
  • 07/13 $2.5B *Mars Inc. $500M 6Y +60, $700M 12Y +100, $900M 20Y +105, $400M 30Y +115
  • 07/13 $3B *MUFG $1.75B 5Y +113, $1.25B 10Y +143
  • 07/13 $1.6B *ICBC HK $800M each 3Y +93, 5Y +103
  • 07/13 $1.05B *Bocom HK $650M 3Y FRN L+80, $400M 5Y FRN L+90
  • 07/13 $500M *Nonghyup 5Y +100
  • 07/10 No new issuance Friday; $32.5B priced on wk
  • $3.5B Priced Thursday
  • 07/09 $2B *Int Finance Corp (IFC) 5Y Global +10
  • 07/09 $1.5B *Tokyo Metro Govt 5Y +48
  • $2.95B Priced Wednesday; $29B/wk
  • 07/08 $2.5B *Japan Bank for Int'l Coop (JBIC) 5Y +33
  • 07/08 $450M *ABC International 3Y +140
  • $13.6B issued/priced Tuesday
  • 07/07 $5B *KFW 5Y +13
  • 07/07 $4B *ADB 3Y +8
  • 07/07 $3.3B *Romania $1.3B +10Y +240, $2B +30Y 4.00%
  • 07/07 $800M *Bocom Leasing $350M 3Y +165, $450M 5Y FRN L+170
  • 07/07 $500M *Kimco 10Y Green bond +210
  • $12.45B priced Monday, financial names lead issuance in second half
  • 07/06 $2.5B *Nomura Holdings $1.5B 5Y +155, $1B 10Y +200
  • 07/06 $2.5B *Mizuho $1.1B 4NC3 +105, $400M 4NC3 L, $1B 11NC10 +152
  • 07/06 $2B *Simon Property $500M 5Y +160, $750M 10Y +200, $750M 30Y +240
  • 07/06 $2B *American Honda Finance $1.25B 3Y +70, $750M 5Y +90
  • 07/06 $1.5B *Caterpillar $500M 1.5Y FRN L+22, $1B 3Y +48
  • 07/06 $600M *Jabil +10Y +240
  • 07/06 $500M *National Bank of Canada 3Y +77
  • 07/06 $500M *Shinahan Financial 5.5Y covid-bond +105
  • 07/06 $350M *Realty Income 2031 tap +165
  • 07/01-07/02 No high-grade supply late last week

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.