US$ High-Grade Credit Supply Pipeline - Jan. 2, 2018

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

01/02  $450M #Berkshire Hathaway Energy A3/A-/BBB+ 3Y+38   C/JPM/MIZ/MUFG/WFS

01/02  $400M #Berkshire Hathaway Energy A3/A-/BBB+ 5Y+55   C/JPM/MIZ/MUFG/WFS

01/02  $600M #Berkshire Hathaway Energy A3/A-/BBB+ 10Y+83  C/JPM/MIZ/MUFG/WFS

01/02  $750M #Berkshire Hathaway Energy A3/A-/BBB+ 30Y+103 C/JPM/MIZ/MUFG/WFS

01/02  $2.0B *BNP Baa1/A-/A+ benchmark 144a/RegS sr non-prf 7Y+103 BNP

01/02  $850M #GM Fincl Baa3/BBB/BBB 5Y Fxd +102       C/DB/LLOYDS/MIZ/SCOT/SMBC

01/02  $400M #GM Fincl "            5Y FRN 3ml+99     C/DB/LLOYDS/MIZ/SCOT/SMBC

01/02  $400M #GM Fincl "            10Y+142           C/DB/LLOYDS/MIZ/SCOT/SMBC

01/02  $1.0B *Santander UK Grp Baa2/BBB/A 6Y/5YNC Fxd/FRN +113   CS/JPM/MS/SANT

01/02  $500M *Santander UK PLC Holding Co. 3Y Aa3/A/A fxd +53    CS/JPM/MS/SANT

01/02  $1.0B  Kommunekredit Aaa/AAA  EMTN no-grow 3Y:MS+90s JPM

01/02  BM     Philippines Baa2/BBB/BBB- 1st week Jan bond?  C/CS/DB/MS/SCB

01/02  $10B?  Brazil filed US$ mixed shelf offering (bonds,stocks)

01/02  TBD    John Deere A2/A may do Jan bond sale as $750M bd matures Jan.16

01/02  BM     EIB Aaa/AAA could potentially do US$ bond based on history

01/02  TBD    Kor.Elec.Pwr Corp. Aaa2/AA/AA- 11/3 wk meetgs     BAML/C/CA

01/02  TBD    Lebanon delayed Eurobond from Nov., said MOF 

01/02  TBD    Israel Electric Baa2/BBB US meetings Oct.30-Nov3  JPM

01/02  TBD    Hanjin Bank: Potentl US$ deal w/ KEXIM Guar?      BNP/DAIWA/GS

01/02  TBD    Quatar eyed $9B in international bonds; no time yet

01/02  BM     Korea Southern Pwr Aa2/AA- 11/29-12/5 mtgs        BNP/C/HSBC/UBS

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12/29 NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE

12/28 NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE

12/27 NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE

12/26 NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE

12/25 US CHRISTMAS MARKET HOLIDAY

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12/22 NO HIGH-GRADE CORPORATE BOND ISSUANCE

12/21 NO HIGH-GRADE CORPORATE BOND ISSUANCE

12/20 NO HIGH-GRADE CORPORATE BOND ISSUANCE

12/19 NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE

12/18 NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE

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12/12 $450M  *Vornado Realty Baa2/BBB/BBB 7Y+125      C/DB/JPM/JEFF

12/12 $400M  *ANZ  Aa3/AA-/AA- 144a/RegS 2Y Fxd+45      ANZ/BAML/C 

12/12 $250M  *ANZ  Aa3/AA-/AA- 144a/RegS 2Y FRN +3ml+25 ANZ/BAML/C

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MONDAY HAD $2.65B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

12/11 $500M *Packaging Corp of America Baa2/BBB 3Y +55  DB/WFS

12/11 $500M *Packaging Corp of America Baa2/BBB 10Y+105 DB/WFS

12/11 $1.0B *Santander Hldngs Baa3/BBB/BBB+ 5Y+130 BARC/JPM/SANT/WFS

12/11 $250M *Santander Hldngs " Tap 4.4% 2027:+170 BARC/JPM/SANT/WFS

12/11 $400M *Rural Electrification Baa3/BBB- 3Y +115 ANZ/BARC/MIZ/MUFG

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12/8 FRIDAY HAD NO HIGH-GRADE DEBT ISSUANCE:

12/7  $540M *IENOVA 10Y, 30Y Baa1/BBB 10Y high-100s BAML/C/SCOT

12/7  $300M *iENOVA 10Y, 30Y Baa1/BBB 30Y high-200s BAML/C/SCOT

12/7  $500M *ICICI Bank Ltd Baa1/BBB 144a/RegS 10Y +170s C

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WEDNESDAY HAS $6.65B IN HIGH-GRADE US$ CORPORATE BOND ISSUANCE:

12/6 $1.0B  *World Bank (IBRD) Aaa/AAA global 4Y MS+5 DB/GS/HSBC

12/6 $1.25B *Baker Hughes 144a/RegS 5Y +65 BARC/C/DB/HS

12/6 1.35B  *Baker Hughes 144a/RegS 10Y +100 BARC/C/DB/HS

12/6 $1.35B *Baker Hughes 144a/RegS 30Y +135 BARC/C/DB/HS

12/6 $300M  *Martin Marietta Baa3/BBB+ 2Y FRN 3ML+50 DB/JPM/WFS

12/6 $500M  *Martin Marietta Baa3/BBB+ 10Y +120 DB/JPM/WFS

12/6 $600M  *Martin Marietta Baa3/BBB+ 30y +155 DB/JPM/WFS

12/6 $300M  *RPM Intl Baa3/BBB 30Y+153 BAML/WFS

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TUESDAY HAD $4.0B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

12/5  $500M *Prov of New Brunswick Aa2/A+ 5Y glob MS+32 BMO/BNS/RBC/TD 

12/5  $750M *BNG Aaa/AAA Tues no grow sustain.3Y MS+11 DAIWA/RBD/TD

12/5  $700M *American Tower Baa3/BBB-/BBB  Long 5Y+90  BAML/C/JPM/MS/SCOT

12/5  $700M *American Tower Baa3/BBB-/BBB  10Y+1350    BAML/C/JPM/MS/SCOT

12/5  $750M *Branch Banking & Trust        2.5Y Fxd+45      MS

12/5  $300M *Branch Banking & Trust        2.5Y FRN:3ml+22  MS

12/5  $300M *Duke Realty Baa1/BBB+/BBB+    10Y+103    BARC/C/RBC/USB

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MONDAY: $4B SOVEREIGN ISSUANCE + $4.4B HIGH-GRADE CORPS SO $8.4% TOTAL:

12/4  $1.0B  *Indonesia Baa3/BBB-/BBB- 5Y 3.00%   ANZ/C/DB/GS/MAND

12/4  $1.25B *Indonesia      "        10Y 3.55%   ANZ/C/DB/GS/MAND

12/4  $1.75B *Indonesia      "        30Y 4.40%   ANZ/C/DB/GS/MAND

12/4  $350M  *Public Serv Electric & Gas 30Y+82   MUFG/SCOT/WFS

12/4  $1.25B *Westpac Banking Aa3/AA- 5Y+63       BAML/JPM/MS/WBC

12/4  $500M  *Westpac Banking Aa3/AA- 5Y FRN 3ml+57 BAML/JPM/MS/WBC

12/4  $500M  *Smucker Baa2/BBB        2Y+43       BAML/JPM

12/4  $300M  *Smucker Baa2/BBB        10Y+100     BAML/JPM

12/4  $800M  *Charles Schwab A2/A   Long 5Y+53    BAML/CS/GS/MS

12/4  $700M  *Charles Schwab Long   Long 10Y+83   BAML/CS/GS/MS

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THURSDAY HAD $2.26B IN HIGH-GRADE CORPORATE ISSUANCE:

11/30  $500M *Adani Abbot Pt Terminal BBB-/BBB- 5Y+245    STIF/INV/HAITONG

11/30  $600M *Simon Property A2/A RegS/Sr Unsec long 5Y+65 BARC/C/RBC/SMBC

11/30  $760M *Simon Property A2/A RegS/Sr Unsec 10Y+105    BARC/C/RBC/SMBC

11/30  $400M *New England Power A3/A-           30Y+97     BAML/BNP/CS/DB 

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WED HAD $12.2B IN HIGH-GRADE US$ CORPORATE/SOVEREIGN BOND ISSUANCE:

11/29 $700M *Alibaba Grp Hldgs A1/A+      5.5Y T+73   C/CS/GS/JPM/MS

-- Last sold US$ dollar notes in 2014: a $8.0B debt deal

11/29 $2.55B *Alibaba Grp Hldgs A1/A+ 10Y +108 Wed      C/CS/GS/JPM/MS

11/29 $1.0B  *Alibaba Grp Hldgs A1/A+ 20Y +118 Wed      C/CS/GS/JPM/MS

11/29 $1.75B *Alibaba Grp Hldgs A1/A+ 30Y +138 Wed      C/CS/GS/JPM/MS

11/29 $1.0B  *Alibaba Grp Hldgs A1/A+ 40Y +158 Wed      C/CS/GS/JPM/MS

11/29 $400M  *Emirates Sembcorp Water & Pwr A2/A- 18Y 4.45% C/1ABD/HSBC/SMBC

11/29  $1.0B *Pakistan B3/B   5Y Sukuk 5.626% C/DB/DIB/ICBC/NOOR/STAND

11/29  $1.5B *Pakistan B3/B   10Y conventional 6.875%  C/DB/DIB/ICBC/STAND

11/29  $300M *UDR Inc. Baa1/BBB+           10Y +117    BAML/JPM/USB      

11/29  $300M *Yamana Gold Baa3/BB+/BBB-    10Y +225    C/CS/RBC

11/29  $400M *DR Horton Baa3/BBB-/BBB-     3Y +70      C/MIZ/WFS

11/29 $500M *Realty Inc A3/BBB+/BBB+ Tap 3.25% 2022+75 BAR/BNY/GS/UBS/USB

11/29  $550M *Realty Income + 10Y+130 BARC/BNY/GS/UBS/USB

11/29  $250M *Realty Income 30Y Tap 4.65% Mar'47+150 BAR/BNY/GS/UBS/USB

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11/28  $1.0B *Deutsche Bank NY Ba2/BB+ 15Y/NC10Y Fixed/FRN Tier 2:T+255 DB

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MONDAY HAD $10.03B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

11/27 $700M  *Orix A-/A-              7Y+105              BAML/GS/JPM/MIZ

11/27 $1.5B  *UBS AG Ldn A1/A+        18M FRN 3ML+32      UBS 

11/27 $1.8B  *UBS AG Ldn A1/A+        3Y+65               UBS 

11/27 $!.0B  *UBS AG Ldn A1/A+        3Y FRN:3ML+48       UBS 

11/27 $500M  *Pacific Gas & Electric A2/A- 364day FRN 3ml+23 BAML/C/JPM/MS

11/27 $1.15B *Pacific Gas & Electric A2/A- 10Y +100       BAML/C/JPM/MS

11/27 $850M  *Pacific Gas & Electric A2/A- 30Y+120        BAML/C/JPM/MS

11/27 $300M  *Healthcare Realty Baa2/BBB/BBB 10Y+140      UBS/WFS 

11/27 $300M  *WGL Holdings A3/A/A- 2Y FRN 3ml+40          TD/WFS

11/27 $600M  *Caterpillar Financial    2Y +30            BAML/C/MUFG

11/27 $300M  *Caterpillar Financial    2Y FRN 3ml+13     BAML/C/MUFG

11/27 $600M  *Caterpillar Financial    5Y+52             BAML/C/MUFG

11/27 $425m  *Kilroy Realty  Baa2/BBB  7Y +125           JPM/USB

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11/24 NO ISSUANCE/THANKSGIVING HOLIDAY

11/23 NO US$ HIGH-GRADE CORPORATE BOND ISSUANCE

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TUESDAY HAD $1.5B IN US$ HIGH-GRADE CORPORATE BOND ISSUANCE:

11/21 $1.0B *Export Dvlpmt Canada Aaa/AAA RegS glo 3Y MS+1 BARC/CIBC/HSBC/TD

11/21 $$00M  *JP Morgan Sr Unsec 7Y/NC6 FRN 3ml+85 JPM 

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MONDAY HAD $9.5B IN HIGH-GRADE CORPORATE/SOVEREIGN BOND ISSUANCE:

11/20 $800M  *Reliance Industrs Baa2/BBB+ 10Y+130 BAML/C/HSBC/BARC/JPM/STAND

11/20 $1.5B  *Nigeria B2/B/B+ US$ sovereign 10Y 6.50%    C/STAND

11/20 $1.5B  *Nigeria B2/B/B+ US$ sovereign 30Y 7.625%   C/STAND

11/20 $300M  *Royal Caribbean Cruises Baa3/BBB-  3Y+80   BAML/BNP/GS/MS

11/20 $500M  *Royal Caribbean Cruises "  Lg 10Y 137.5    BAML/MIZ/MS/SMBC

11/20 $500M  *Starbucks Corp  A3/A-/A3Y     3Y+37        C/GS/USB

11/20 $500M  *Starbucks Corp  A3/A-/A3      30Y+97       C/GS/USB

11/20 $1.1B  *Macquarie Group     6Y/5NC+110          BAML/C/HSBC/JPM/MCQ

11/20 $650M  *Macquarie Group     6Y/NC5 FRN  3ml+102 BAML/C/HSBC/JPM/MCQ

11/20 $750M  *Macquarie Group     11Y/NC10 +140       BAML/C/HSBC/JPM/MCQ

11/20 $500M  *Express Scripts Baa2/BBB+/BBB     3Y+75   BAML/C/MIZ

11/20 $400M  *Express Scripts Baa2/BBB+/BBB 3Y/NC1 FRN 3ml+75 BAML/C/MIZ

11/20 $500M  *Express Scripts Baa2/BBB+/BBB     5Y +100 BAML/C/MIZ

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FRIDAY HAD $1.3B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

11/17 $850M  *Boston Properties Baa2/A-/BBb+ 7Y+100 BAML/BONY/DB/JPM/MS

11/17 $450M  *Southern Co Baa3/BBB/BBB 60Y/NC5 par 5.625% BAML/JPM/MS/UBS/WFS

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--- 

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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$CO$]