US$ High-Grade Credit Supply Pipeline - July 27, 2017

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

THURSDAY HAD $26B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

7/27 $22.5B *AT&T Baa1/BBB+/A+ 7part debt deal total BAML/GS/JPM/MUFG/MIZ

7/27 $1.75B *AT&T     "          5.5Y +100           BAML/GS/JPM/MUFG/MIZ

7/27 $750M  *AT&T     "          5.5Y FRN 3ml+89     BAML/GS/JPM/MUFG/MIZ

7/27 $3.0B  *AT&T     "          7Y +130             BAML/GS/JPM/MUFG/MIZ

7/27 $5.0B  *AT&T     "          10Y+160             BAML/GS/JPM/MUFG/MIZ

7/27 $4.5B  *AT&T     "          20Y+205             BAML/GS/JPM/MUFG/MIZ

7/27 $5.0B  *AT&T     "          32.5Y +225          BAML/GS/JPM/MUFG/MIZ

7/27 $2.5B  *AT&T "              41Y +240            BAML/GS/JPM/MUFG/MIZ

7/27 $600M  *Banco de Bogota Baa2/BBB-/BBB 10Y 225      BAML/C/HSBC

7/27 $650M  *BNZ Intl Funding A1/AA- 5.25Y  T+85        C/NAB/RBC/WFS

7/27 $1.85B *American Express Co. A3/BBB+ 5Y Fxd+68     BAML/BARC/C/HSBC

7/27 $400M  *American Express Co. A3/BBB+ 5Y FRN 3ml+61 BAML/BARC/C/HSBC

7/27 BM     Fannie Mae announced new 3Y benchmark note  BARC/CAST/NOM/TD

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WEDNESDAY HAD $1.0B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

7/26 $1.0B *SunTrust Bank Baa1/A- 5Y Fixed T+67      C/JPM/STRH

7/26 N/A    SunTrust Bank Baa1/A- 5Y FRN: dropped    C/JPM/STRH

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TUESDAY HAD $7.75B IN HIGH-GRADE CORPORATE ISSUANCE:

7/25 $1.5B  *FMS Wertmgmt Aaa/AAA RegS global Tue 5Y MS+12 BNP/C/GS/RBC

7/25 $1.5B  *Codelco A3/A+ 144a/RegS  10Y +150   BAML/HSBC/JPM/MUFG

7/25 $1.25B *Codelco A3/A+ "         30Y +175    BAML/HSBC/JPM/MUFG

7/25 $750M  *PNC     A2/A/A+         5Y fixed: +57  BARC/C/JPM/PNC

7/25 $1.0B  *PNC     " " "           5Y FRN 3ml+50 BARC/C/JPM/PNC

7/25 $750M  *Crown Castle Baa3/BBB- 7Y +110         BAML/BARC/MIZ/MS/RBC

7/25 $1.0B  *Crown Castle "         10Y +150-155    BAML/BARC/MIZ/MS/RBC

7/25 TBD    Lockheed Martin filed debt shelf Baa1/BBB+

7/25 $1.0B? Iraq: US$ debt(no USAID guar) US,UK roadshow first C/DB/JPM

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MONDAY HAD $3.4B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

7/24 $1.0B *Cox Communications Baa2/BBB/BBB+ 7Y +110    JPM/RBC/WFS

7/24 $1.0B *Cox Communications Baa2/BBB/BBB+ 10Y +130   JPM/RBC/WFS

7/24 $600M *Cox Communications Baa2/BBB/BBB+ 30Y +180   JPM/RBC/WFS

7/24 $500M *Colgate-Palmolive Aa3/AA- 30Y T+90          JPM/GS/WFC

7/24 $300M *Industrial Bk of Korea perpetual/NC5Y 3.90% BAML/C/HSBC/SG

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THURSDAY HAD $4.025B IN ISSUANCE; WEEK HAS $53.655B TOTAL ISSUANCE:

7/20 $1.75B *CIBC Aaa/AAA 5Y Covered Bond MS+47   CIBC/C/HSBC/UBS

7/20 $300M  *Church & Dwight 4-part: 1.5Y FRN 3ml+15 BAML/MUFG/SUN/WELLS

7/20 $300M  *Church & Dwight 4-part: 5Y +65    BAML/MUFG/SUN/WELLS

7/20 $425M  *Church & Dwight 4-part: 10Y+90    BAML/MUFG/SUN/WELLS

7/20 $$400M *Church & Dwight 4-part: 30Y+115   BAML/MUFG/SUN/WELLS

7/20 $850M  *Banque Ouest Afric.Devlpm Baa1/BBB 10Y 5.25% C/JPM/NAT/STD

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WEDNESDAY BROUGHT $15.33B IN HIGH-GRADE BOND ISSUANCE:

7/19 $500M  *Goldman Sachs A3/BBB+ 3-part debt deal: 2Y +60    GS

7/19 $2.25B *Goldman Sachs A3/BBB+ 6Y/NC5 Fxd-to-FRN +108      GS

7/19 $750M  *Goldman Sachs A3/BBB+ 6Y/NC5 FRN 3ml +100         GS

7/19 $2.0B  *Morgan Stanley A3/BBB+/A 5Y/NC3 3ml+93            MS

7/19 $3.0B  *Morgan Stanley        11Y/NC10 Fxd-to-FRN +133    MS

7/19 $2.0B  *Morgan Stanley        21Y/NC20 +113               MS

7/19 $1.0B  *Couche-Tard Baa2/BBB  5Y +90           HSBC/MUFJ/WFC

7/19 $1.0B  *Couche-Tard Baa2/BBB  10Y+130          HSBC/MUFJ/WFC

7/19 $500M  *Couche-Tard Baa2/BBB  30Y+165s         HSBC/MUFJ/WFC

7/19 $1.5B *Prov.of Alberta Aa1/A+ global 5Y MS+34;T+41.5 BNP/CIBC/RBC/SCOT 

7/19 $500M *KBN Aaa/AAA Wed Tap of 2021 FRN 3ml+11      BMO/MS/NOM

7/19 $325M *Duquesne Light Hldgs Baa3/BBB- 10Y +135     JPM/MUFG/SCOT

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TUESDAY HAD $16.05B IN HIGH-GRADE ISSUANCE; WEEK HAD $34.30B ISSUANCE SO FAR

7/18 $2.0B *Mitsubishi UFJ Fincl Grp 5Y+85              MUFG/MS

7/18 $1.0B *Mitsubishi UFJ Fincl Grp 5Y FRN 3ml+79      MUFG/MS

7/18 $1.0B *Mitsubishi UFJ Fincl Grp 10Y+103            MUFG/MS

7/18 $400M *DBS Grp Hldgs Aa2/AA- "Green" 5Y FRN:3ml+62 CA/DBS/HSBC/NAT/SG

7/18 $2.75BM *Kingdm Sweden Aaa/AAA/AAA 144a/RegS Tue MS-6 4Y GS/HSBC/NOM

7/18 $300M *Korea Hydro &Nuclear Pwr Aa2/AA 144a/RegS 10Y+95 C/GS/SCB/UBS

7/18 $1.5B *Land NRW Aa1/AA-/AAA  RegS 2Y MS+7        DAIW/HSBC/SCOT/SG

7/18 $2.5B *Bank of America Baa1/BBB+ 4Y/NC3 +85        BAML

7/18 $1.0B *Bank of America  "        4Y/NC3 FRN 3ml+   BAML

7/18 $1.6B *Bank of America  "        6Y/NC5 +100       BAML

7/18 $2.0B *Bank of America  "        11Y/NC10+133      BAML

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MONDAY BRINGS $18.25B IN HIGH-GRADE ISSUANCE:

7/17 $2.5B *Citi Baa1/BBB+/A  6Y/NC5 Fxd-to-FRN +103      C 

7/17 $750M *Citi Baa1/BBB+/A  6Y/NC5 FRN      3ml+97      C

7/17 $2.5B *Citi "            11Y/NC10 Fxd to-FRN +137    C

7/17 $750M *American Honda Finance A1/A+ 18M FRN 31m+15 BARC/DB/MS

7/17 $700M *American Honda Finance 3Y Fxd+45      BARC/C/JPM/SG/WFS

7/17 $300M *American Honda Finance 3Y FRN 3ml+27  BARC/C/JPM/SG/WFS

7/17 $1.0B *AerCap Ireland Capital Baa3/BBB/BBB- 10Y+140 CA/CS/DB/MS

7/17 $400M *Kroger Co. Baa1/BBB/BBB 5y +95        GS/MIZ/USB

7/17 $600M *Kroger Co.     "        10Y +140      MIZ/RBC/WFS

7/17 $500M *Kroger Co.     "        Long 30Y +180 BAML/C/MIZ 

7/17 $3.75B *Wells Fargo A2/A/A- sr unsec 5Y T+80       WFS

7/17 $2.5B  *JPMorgan           21Y/NC20 Fxd/FRN +100   JPM

7/17 $1.5B  *JPMorgan           31Y/NC30 Fxd/FRN +115   JPM

7/17 $500M *Kyobo Life 144a/RegS   30Y/NC5Y 3.95% C/JPM/NOM/UBS

FRIDAY: NO ISSUANCE SO FAR; WEEK HAD $37B IN ISSUANCE, MAINLY MON-TUES

THURSDAY HAD $7.3B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

7/13 $1.5B  *JBIC A1/A+  3Y MS+39          BAML/DAIWA/JPM/NOM

7/13 $1.0B  *JBIC "       3Y 3ml+39        BAML/DAIWA/JPM/NOM

7/13 $1.25B *JBIC "       5Y MS+51         BAML/DAIWA/JPM/NOM

7/13 $1.25B *JBIC "       10Y MS+67        BAML/DAIWA/JPM/NOM

7/13 $1.00B *Marathon Oil Ba1/BBB-/BBB- 10Y +210   C/JPM

7/13 $400M  *Korea Gas Aa2/AA-/AA- 5Y+90   BNP/BAML/C/GS/SG/UBS

7/13 $400M  *Korea Gas " " "       10Y+90  BNP/BAML/C/GS/SG/UBS

7/13 $500M  *Mitsui Fudosan A2/A   10Y+130 BAML/NOM

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WEDNESDAY HAD $2.0B IN HIGH-GRADE CORPORATE BOND ISSUANCE:

7/12 $500M *EBRD Aaa/AAA/AAA global 3Y FRN 3ml+1 BAML/HSBC/RBC

7/12 $500M *SMBC Aviation Capital Fin 5Y +115    C/CA/GS/JPM/RBC/SMBC

7/12 $1.0B *Cencosud Baa3/BBB- 144a/RegS T+210   BAML/JPM

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TUESDAY BROUGHT $15.255B IN HIGH-GRADE CORPORATE DEBT:

7/11 $500M *Internatl Fin Corp Aaa/AAA $500M Dec2022 FRN 3ml+7 C/DB/NOM

7/11 $1.0B *Municipality Finance Aa1/AA+ Sep2020 MS+9s DAIWA/DB/NOM/TD

7/11 $1.25 *CAF Aa3/AA-/AA global  3Y MS+45           BARC/BAML/DB 

7/11 $1.0B *Indonesia Baa3/BBB- 10Y: 3.9%(also EUR 7Y) BNP/C/DB/GS 

7/11 $1.0B *Indonesia Baa3/BBB- 30Y: 4.8%              BNP/C/DB/GS 

7/11 $500M *Takeda Pharmaceutical A1/A- 144a/Regs 4.5Y+55 C/GS/JPM/MS/NOM

7/11 $1.1B *BkNova Scotia A1/A+/AA- sr 3Y+70s low     BAML/HSBC/JPM/MS/SCOT

7/11 $400M *BkNova Scotia A1/A+/AA- sr 3Y FRN 3ml+39  BAML/HSBC/JPM/MS/SCOT

7/11 $800M *Banque Fedv Credit Mutuel Aa3/A 3Y Fxd T+70    BNP/C/MS/WFS

7/11 $500M *Banque Fedv Credit Mutuel Aa3/A  3Y FRN 3ml+39 BNP/C/MS/WFS

7/11 $800M *Banque Fedv Credit Mutuel Aa3/A 5Y Fxd T+80    BNP/C/MS/WFS

7/11 $400M *Banque Fedv Credit Mutuel Aa3/A 5Y FRN 3ml+73  BNP/C/MS/WFS

7/11 $500M *ANZ NZ Intl A1/AA              3Y+70      ANZ/BAML/JPM/RBC

7/11 $500M *ANZ NZ Intl A1/AA              10Y +112   ANZ/BAML/JPM/RBC

7/11 $2.5B *PEMEX Baa3/BBB+/BBB+ Tap 6.5% 2027: 5.75%  BBVA/HSBC/JPM/SANT

7/11 $2.5B *PEMEX Baa3/BBB+/BBB+ Tap 6.75% 2047:6.90%  BBVA/HSBC/JPM/SANT

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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$CO$]