US$ High-Grade Credit Supply Pipeline - February 22, 2019

Quiet Wk End, $37B Priced In 3 Sessions

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

Nothing on docket fro Friday

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$7.9B Priced Thursday, $37B total for week

02/21 $4.3B *Boston Sci $850M 5Y, $850M 7Y, $850M 10Y, $750M 20Y, $1B 30Y +170

02/21 $2B *Sweden WNG 3Y +0.0

02/21 $1B *CSX 10Y $600M 10Y +120, $400M 30Y +148

02/21 $600M *Florida Power & Light 30Y +95

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$15.65B Priced Wednesday

02/20 $5B *KFW 3Y +2

02/20 $4.5B *Lily $1.15B 10Y +75, $850M 20Y +90, $1.5B 30Y +100, $1B 40Y +120

02/20 $1B *Council Dvlpmnt Bnk of Europe (COE) WNG 5Y +8

02/20 $1B *Prudential Financial 31Y +137

02/20 $1.5B *BNG Bank 5Y +16

02/20 $800M *Mitsubishi UFJ lease $300M 3Y +95, $500M 5Y +110

02/20 $750M *Weyerhaeuser 10Y +225

02/20 $600M *SP Group 10Y +83

02/20 $500M *CBS WNG 10Y +167

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$13.35b priced Tuesday

02/19 $3B *Daimler Fin $1.2B 3Y +98, $700M 3Y FRN +88, $600M 5Y +123, $500M 10Y

+168

02/19 $2B *American Express $750M 2Y +55, $1.25B 5Y +95

02/19 $1.75B *Westpac $1.25B 5Y +85, $500M 5Y FRN +77

02/19 $1.6B *Caterpillar Financial $750M 1.5Y FRN +25, $850M 3Y +50

02/19 $4B *Egypt $750M 5Y, $1.75B 10Y, $1.5B 30Y

02/19 $500M *Huntington National Bank 3Y +68

02/19 $500M *Mashreqbank 5y +175

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No new issuance Thursday or Friday

Chatter Aramco shopping banks for futures issuance

-

$16.85B priced Wednesday, $46.25B on week

02/13 $5B *ATT $3B 10Y +170, $2B 20Y +220

02/13 $2.8B *Tyson $800M 7Y +145, $1B 10Y +165, $1B 30Y +230

02/13 $1.5B *Goldman Sachs 5Y +112.5

02/13 $1.5B *Boeing WNG $400M 5Y +47, $400M 10Y +67, $400M 20Y +77, $300M 40Y

+102

02/13 $1.05B *Welltower $500M 5Y +117, $550M 10Y +147

02/13 $3B *EIB WNG 3Y +3 

02/13 $2B *Export Development Canada 5Y +9

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$19B priced Tuesday, $29.4B/week

02/12 $11.5B #Altria 7-tranche: $1B 3Y +100, $1B 5Y +135, $1.5B 7Y +185, $3B 10Y

+215, $2B 20Y +280, ***** $2.5B 30Y +295, $500M 40Y +320

02/12 $2.25B #3M Co $450M 3Y +28, $500M 5Y Tap +50, $800M 10Y +70, $500M 30Y Tap

+87

02/12 $750M #Bank of New Zealand 5Y +108

02/12 $2B *Bank of England 3Y +2

02/12 $1.5B *JP Morgan Chase 2NC1 +37

02/12 $1B *KDB $500M 3Y +65, $500M 5Y +85

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$10.4B Priced Monday, $1.55B more than all of last week

02/11 $3B *Union Pacific Corp $500M 3Y +50, $500M 5Y +70, $1B 10Y +105, $1B 30Y

+135

02/11 $1.5B *Citizens Bank $700M 3Y +82, $300M 3Y FRN +72, $500M 7Y +120

02/11 $1.75B *Citibank $1.25B 3NC2 fix +68, $500M 3NC2 FRN L+53

02/11 $1.25B *Total Capital Int 10Y +80

02/11 $650M *DTE Electric 30Y +100

02/11 $600M *Mondelez 7Y +115

02/11 $400M *Commonwealth Edison WNG 30Y +105

02/11 $1.25B *Deutsche Bank 3Y Sr +255

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No new issuance Thursday or Friday, $8.85B/week

-

$4.5B priced Wednesday, $8.85B/week

02/06 $2B *BP Capital Markets America $1B 7Y +82, $1B 10Y tap +92

02/06 $1.25B *Bank of Nova Scotia 5Y bail-in +92

02/06 $1.25B *CAF (Corp Andina de Fomento) 3Y +72

-

$1B priced Tuesday, $4.35B/wk

02/05 $1B *Verizon WNG 10Y +120

-

$3.35B priced Monday

02/04 $3B *Bank of America 11NC10 +125

02/04 $350M *Essex Portfolio LP 10Y +137.5

-

No new issuance Friday, $17.5B/wk

-

$2.3B priced Thursday 

1/31 $1.75B *Bank of Montreal 5Y +92

1/31 $550M *Harley Davidson Fncl 3Y +165

- 

No new corporate, supra-sovereign issuance Wed, $3.65B priced Tue, $14.75/wk 

-

1/29 $1B *Crown Castle $600M 10Y +165, $400M 30Y +215

1/29 $1.25B *Kommunalbanken 5Y MS+15

1/29 $800M *New York Life Global $400M 2Y +42, $400M 2Y FRN L+28

1/29 $600M *Jackson National Life 3Y +78

1/28 $1B Colfax $500M 5NC2, $500M 7NC3 -- this week sometime

-

$11.1B priced Monday

1/28 $3B *US Bancorp $800M 2Y +45, $900M 2Y FRN L+31, $1.3B 5Y +80

1/28 $1.6B *Schlumberger $750M +5Y +122, $850M +10Y +157

1/28 $1.3B *Codelco 30Y +175

1/28 $1B *Hyundai Capital America $650M 3Y +140, $350M 5Y +173

1/28 $950M *National Rural Utilities $450M 10Y +98, $500M 30Y +125

1/28 $800M *Ontario Teachers Cadillac Fairview 10Y +140

1/28 $600M *Discover Financial WNG 7Y +187.5

1/28 $500M *Nevada Power 10Y +100

1/28 $350M *Comerica 10Y +130

-

No new issuance Friday, $17.6B priced on week

-

$4.25B priced Thursday

1/24 $1.25B *Capital One Financial 5Y +140

1/24 $1B *KeyBank $600M 3Y +78/$400M 3Y FRN L+66

1/24 $500M *Experian Finance 10Y WNG +155

1/24 $1.5B *OKB 3Y MA+5a

-

$9.6B priced Wednesday

1/23 $2B *Colombia $500M 10Y Tap +170, $1.5B 30Y +215

1/23 $1.5B *Fifth Third 5Y +110

1/23 $3.5B *ADB 5Y MS+7

1/23 $2B *FMS Wertmanagement 5Y MS+9

1/23 $600M *KEB Hana Bank $300M 3Y +87.5, $300M 5Y +102.5

-

$3.75B priced Tuesday

1/22 $2B *JP Morgan 8NC7 fix to FRN +132

1/22 $900M *Penske Leasing $500M long 2Y +110, $400M 7Y +185

1/22 $500M *Bank of America WNG 4NC3 +78

1/22 $350M *Liberty Property 10Y +168

-

$45.45b Priced Last Week

*** PRICED: $2.5b *Province of Ontario 5Y MS +36

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

1/18  $2.5b *Province of Ontario 5Y MS +36

-

$45.45b Priced This Week

-

*** PRICED: $3b *Morgan Stanley

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

1/17 $3b *Morgan Stanley 11NC10 Fixed-to-FRN +170

1/17 $3b *Government of Canada 3Y +10

1/17 $1.25b *Dexia Credit Local 3Y MS +25

1/17 $750m *PNC 5Y +100

1/17 $500m *Western and Southern Insurance Co. 30Y +210 

1/17 $Benchmark Province of Ontario 5Y MS +38a

--MNI Chicago Bureau; tel: +1 312-431-0089; email: bill.sokolis@marketnews.com

[TOPICS: MTABLE]