US$ High-Grade Credit Supply Pipeline - June 15, 2020

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

06/15 $1B Kommunivest +3Y +22a

06/15 $Benchmark Ind Bank of Korea (IBK) 5Y Covid bond +72.5

06/15 $Benchmark New Development Bank 3Y Covid bond +40a

06/15 $Benchmark Castle Peak Power 10Y +165a

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$1.5B Priced Friday; $31.35B total last wk

06/12 $600M *Swedish Export Credit 3Y tap +21

06/12 $500M *Bemis 10Y +195

06/12 $400M *Black Hills WNG 10Y +185

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06/11 No new issuance Thursday; $29.85B total on wk

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$4.65B Priced Wednesday

06/10 $2.75B *TD Bank $1.75B 3Y +58, $1B 5Y +83

06/10 $500M *Florida Gas Transmission WNG 10Y +180

06/10 $500M *Pinnacle West Capital WNG 5Y +95

06/10 $500M *Creditcorp Ltd 5Y +250

06/10 $400M *Ares Finance 10Y +250

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$13.05B To price Tuesday, $25.2B/wk

06/09 $4B *IADB 5Y +17

06/09 $3B *HP Inc $1.15B 5Y +185, $1B 7Y +240, $850M 10Y +260

06/09 $1.5B *Kommunalbanken 10Y +38

06/09 $1.5B *Credit Agricole 6NC5 +150

06/09 $1B *World Bank (IBRD) 4Y SOFR+39

06/09 $650M *Fidelity National Fncl 10Y +260

06/09 $600M *Healthpeak Properties 10Y +215

06/09 $500M *Principal Fncl 10Y +135

06/09 $300M *Westlake 10Y +260

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$12.15B priced Monday

06/08 $3B *GE Capital $1.5B each 10Y +290, 30Y +270

06/08 $2.6B *Equinix $500M 5Y +85, $500M 7Y +115, $1.1B 10Y +130, $00M 30Y +145

06/08 $1B *Phillips 66 WNG 5Y +85, 10Y +135

06/08 $1B *Lloyds 3NC2 +110

06/08 $750M *EBay $300M 5Y Tap +70, $450M 10Y tap +145

06/08 $750M *Plains All American 10Y +295

06/08 $750M *Magna Int 10Y +162.5

06/08 $700M *Northern States Power WNG 31Y +105

06/08 $600M *Roper WNG 10Y +125

06/08 $500M *Kepco 5Y Green bond, +75

06/08 $500M *Duke Energy Fl WNG 10Y +90

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06/05 No new issuance LAST Friday; $52.85B/wk

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$6.6B priced Thursday; $52.85B/wk

06/04 $2.5B *Crown Castle $500M +5Y +100, $1.1B +10Y +145, $900M +30Y +165

06/04 $1B *Bank of Nova Scotia 5Y +95

06/04 $1B *Mass Mutual 3Y +62

06/04 $1B *Hormel 10Y +102

06/04 $600M *Reinsurance Group 10Y +240

06/04 $500M *PTT Exploration & Production 7Y +195

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$10.35B Priced Wednesday

06/03 $3.5B *Federal Rep of Brazil $1.25B 5Y 3.0%, $2.25B 10Y 4.0%

06/03 $2.5B *CDP Financial 5Y +50

06/03 $1.5B *Royal Bank of Canada 5Y +85

06/03 $750M *FirstEnergy $300M +5Y +125, $450M 10Y +150

06/03 +900M *Steel Dynamics $400M 5Y +210, $500M +10Y +260

06/03 $500M *COE Covid-19 social bond WNG 3Y +10

06/03 $700M *Harley Davidson 5Y +300

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$17.55B Priced Tuesday, $35.9B/wk already

06/02 $5B *EIB 3Y +10

06/02 $3.5B *Credit Suisse $2B 3Y +88, $1.5B 6NC5 +188

06/02 $2B *BNP Paribas 6NC5 +190

06/02 $1.8B *East Ohio Gas $500M 5Y +100, $500M 10Y +135, $800M 30Y +160

06/02 $1.5B *Truist Fncl Corp $750M each 5Y +90, 10Y +130

06/02 $1B *Infor Inc $350M 3Y +125, $650M 5Y +145

06/02 $1B *Nordea 3Y +83

06/02 $500M *Apollo Management 10Y +200

06/02 $500M *Protective Life 3Y +87.5

06/02 $400M *Baltimore Gas & Electric WNG 30Y +147

06/02 $350M *Affiliated Managers 10Y +262.5

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06/01 $10B *Amazon $1B 3Y +25, $1.25B 5Y +50, $1.25B 7Y +70, $2B 10Y +85, $2.5

30Y +110, $2B 40Y +130

06/01 $2.5B *Colombia $1B 10.9Y +250, $1.5B 30.9Y +275

06/01 $2B *American Tower Corp $500M 5Y +105, $750M 10Y +150, $750M 30Y +170

06/01 $1.25B *Ralph Lauren $500M 2Y +160, $750M 10Y +240

06/01 $1B *MetLife 3Y +75

06/01 $900M *John Deere Cap $450M each 2Y +40, 3Y +53

06/01 $500M *Agilent WNG 10Y +150

06/01 $600M *WRKCo 13Y +240

06/01 $450M *Southwest Gas Corp WNG 10Y +155

06/01 $350M *PECO Energy WNG 30Y +135

06/01 $300M *PACCAR Fncl 3Y +65

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No new issuance Friday May 29, but total $270.9B High-grade debt issued in May

-- nearly $1T total over last three months!

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

[TOPICS: MTABLE]