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US$ High-Grade Credit Supply Pipeline, Sep 1, 2020

  • Date $MM Issuer (Priced *, Launch #)
  • 09/01 $2.5B Tenet Healthcare 8NC3
  • 09/01 $Benchmark ICBC Singapore 3Y +130a, 5Y +140a
  • 09/01 $Benchmark Mizuho 4NC3 fix/FRN +95a, 4NC3 L-equiv, 11NC10 +155a
  • 09/01 $Benchmark Beijing Infrastructure bond investor call
  • Later in week
  • 09/02 $Benchmark European Stability Mechanism (ESM) 5Y +16a
  • 09/?? $Benchmark Export-Import Bank of Korea bond sale chatter
  • -
  • 08/31 No new high-grade issuance Monday, $204.5B total for August
  • -
  • 08/28 No new high-grade issuance Friday; $30.405B/wk
  • -
  • 08/27 No new high-grade issuance Thursday
  • -
  • $1.505B Priced Wednesday
  • 08/26 $800M *Tencent Music $300M 5Y +110, $500M 10Y +135
  • 08/26 $705M *Coca-Cola Femsa 12Y +120
  • -
  • $17.35B Priced Tuesday; $28.9B Total/Wk
  • 08/25 $5B *Abu Dhabi $2B 3Y +65, $1.5B +10Y +105, $1.5B 50Y 2.70%
  • 08/25 $3B *Asia Development Bank (ADB) 5Y +11
  • 08/25 $2.5B *Inter-American Development Bank (IADB) +3Y +5
  • 08/25 $2.1B *SEB $1.1B 3Y +38, $400M 3Y FRN L+32, $600M 5Y +58
  • 08/25 $1.5B *Japan Finance Org/Muni 5Y +439
  • 08/25 $1.5B *Rentenbank 10Y +20
  • 08/25 $850M *NatWest 15.25NC10.25 +235
  • 08/25 $500M *Equitable Fncl Life 7Y +95
  • 08/25 $400M *Pricoa Global Funding 5Y +55
  • -
  • $11.55B Priced Monday
  • 08/24 $6B *Royalty Pharma $1B each: 3Y+80, 5Y+115, 7Y+155, 10Y+180, 20Y+225, 30Y+245
  • 08/24 $2B *Glencore Funding $1B 5Y +145, $1B 10Y +190
  • 08/24 $1B *Nordea Bank 5Y +58
  • 08/24 $800M *Entergy 5Y +70
  • 08/24 $750M *Nationwide Building Soc 5Y +75
  • 08/24 $600M *Alabama Power 10Y +85
  • 08/24 $400M *KT Corp 5Y +80

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