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US$ High-Grade Credit Supply Pipeline - Sept. 12, 2017

Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
9/12 $1.0B *Rep. of Finland Aa1/AA+/AA+ 3Y MS-6 CAC/JPM/NOM/NORDEA
9/12 BM     Ontario Teachers' Finance Trust Aaa/AA+ 5Y MS+35  GS/JPM/RBC
9/12 $2.0b #Dexia Credit Local Aa3/AA/AA-  5y MS+61     DB/GS/JPM/SG
9/12 TBD    Kor.Devt Bk Aa2/AA 3Y FRN GS/KDB/MIRAE/MIZ/MS/SG/UBS 
9/12 TBD    Kor.Devt Bk Aa2/AA 5.5Y;5Y FRN R/O GS/KDB/MIRAE/MIZ/MS/SG/UBS 
9/12 BM Prudntl Fncl Baa2/BBB+ 30Y/NC10 Fxd to FRN:4% high C/CS/DB/HSBC/MS
9/12 $500M  Coca-Cola Icecek Baa3/BBB 144a/RegS 7Y      BNP/C/HSBC/MUFG
9/12 BM     Nippon Life Insurance 30Y/NC10 4.125%-4.25% GS/MS
9/12 $400M  Banistmo SA BBB- Sept5-11 rdshow; 5Y +225s  JPM/MS
9/12 $500M #Union Pacific Corp A3/A   20Y +83           BARC/C/CS/MS 
9/12 $500M #Union Pacific Corp A3/A   50Y +133          BARC/C/CS/MS 
9/12 $500M  #MetLife Aa3/AA-    2Y +45                  C/DB/JPM/MS
9/12 $500M  #MetLife Aa3/AA-    2Y FRN 3ml+22           C/DB/JPM/MS
9/12 $750M  #MetLife Aa3/AA     10Y T+85                BAML/CS/HSBC/JPM
9/12 $2B?   MexCity AirptTr Baa1/BBB+/BBB+ rdshw Sep4-11 C/HSBC/JPM/BBVA/SANT
9/12 $350M? Shinhan Bk Aa3/A+ sub bond rdshw Aug28-Sep8 BAML/BNP/HSBC/MUFG
9/12 TBD    SP Power Assets Aa2/AA rdshow starts Sep.11; DBS/DB/MIZ/MS
9/14 TBD    Wabash National 8Y/NC3 US rdshow Sept 11-14 in US  MS/WFS
9/12 TBD    Repub. South Africa eyes potentl US$ Bond BARC/DB/HSBC/NEDB
9/12 TBD    Hanjin Bank: Potentl US$ deal w/ KEXIM Guarantee? BNP/DAIWA/GS
9/12 TBD   Gilead Sciences A3: Could use cash, bk debt, sr unsec notes
- Gilead will use such proceeds to fund $11.9B Kite Pharma buy ($180/shr)
9/12 TBD   Origin Energy Baa3/BBB- sets Aug31 investor call; JPM
9/12 TBD   Woodside Fin Ltd Baa1/BBB+ investor mtgs Aug30-Sep5 BAML/C/UBS
9/12 TBD   Lotte Shippping Aa2/AA/AA-(KEXIM Guar?)rdshw Aug21 BNP/HSBC/STD
9/12 TBD   Kookmin Bk A1/A+ rdshw Aug31-Sep5:shrt/intrm?C/COMM/JPM/MUFG/SG
9/12 TBD   Mississippi Power has filed a $2.0B mixed debt/stock shelf
9/12 TBD   American Wtr Works A3/A investor calls Aug 3-4  JPM/USB/WFS
-
MONDAY HAD $11.075B IN HIGH-GRADE US$ CORPORATE BOND ISSUANCE:
9/11 $500M  *General Dynamics A2/A+ 7Y +55               BAML/BBVA/JPM
9/11 $500M  *General Dynamics A2/A+ 10Y +75              BAML/BBVA/JPM
9/11 $300M  *Textron Baa2/BBB RegS Long 10Y T+125        C/JPM
9/11 $1.25B *Charter Communicatns Ba1/BBB-/BBB- 10Y +210 BAML/C
9/11 $750M  *Charter Communicatns 30Y Tap May 2047 +270  BAML/C
9/11 $1.1B  *HP Enterprises         2Y FXD +78            BNP/DB/JPM
9/11 $500M  *Brookfield Finance     30Y +200              DB/HSBC 
9/11 $500M  *Archer Daniels Midland A2/A/A 30Y T+105      C/JPM
9/11 $325M  *Peco Energy Aa3/A-/A FMB     30Y T+98        BNP/MUFG
9/11 $1.0B  *Credit Suisse Baa2/BBB+ 6.25Y/NC5.25 Fxd-to-FRN +130 CS
9/11 $500M  *Credit Suisse Baa2/BBB+ 6.25Y/NC5.25 FRN +120   CS
9/11 $700m  *Sumitomo Mitsui Trust A1/A   2Y +67        C/DAIWA/GS/JPM
9/11 $300M  *Sumitomo Mitsui Trust A1/A   2Y FRN 3ml+44 C/DAIWA/GS/JPM
9/11 $500M  *Mitsubishi UFJ Leas&Fin A3/A 144a/RegS 5Y+95 BAML/C/JPM/MS
9/11 $200M  *Va. Elec.&Pwr A2/BBB+ RegS Tap Mar'23+70 RBC/SCOT/STRH/USB
9/11 $550M  *Va. Elec.&Pwr A2/BBB+ 30Y +110           RBC/SCOT/STRH/USB
9/11 $600M  *ENAP Baa3/BBB-/A 144a/RegS 30Y T+195         BAML/C/JPM
9/11 $500M  *BOC Aviation 5Y T+117.5 BOC/BNP/C/DBS/GS/HSBC/JPM/MS/MUFG
9/11 $500M  *BOC Aviation 10Y T+140 BOC/BNP/C/DBS/GS/HSBC/JPM/MS/MUFG
9/11 $500M  *Tajikistan P(B3)debut bd 7.125% US:38%;EU35%; UK 24% C/RAFF
-
FRIDAY HAD $500M IN HIGH-GRADE BOND ISSUANCE:
9/8 $500M  *Hasbro Inc. Baa1/BBB/BBB+ 10y +145 BAML/JPM
-
THURSDAY HAD $14.4B IN HIGH-GRADE ISSUANCE:
9/7 $500M  *Discovery Communs Baa3/BBB- ($6.3B Total) 2y T+95 C/CS/GS
9/7 $400M  *Discovery Communs Baa3/BBB- 2Y FRN: 3ml +71       C/CS/GS
9/7 $1.2B  *Discovery Communs Baa3/BBB- 5Y T+135              C/CS/GS
9/7 $1.7B  *Discovery Communs Baa3/BBB- 10Y T+195             C/CS/GS
9/7 $1.25B *Discovery Communs Baa3/BBB- 20Y T+235            C/CS/GS
9/7 $1.25B *Discovery Communs Baa3/BBB- 30Y T+255            C/CS/GS 
9/7 $1.0B  *Xerox Corp. Baa3/BBB-       5.5Y T+200    BAML/BNP/C/GS/JPM
9/7 $750M  *KeyBank A3/A- senior                 5Y +67  KEY/GS/MS
9/7 $500M  *Repub. of Tajikistan B3/B- RegS/Sr unsec 10Y 7.125% C/RBI
9/7 $1.0B  *Toronto Dominion Bank Aa2/AA- Green bond: 3Y +52 GS/NAB/TD
9/7 $1.34B *Sumitomo Life A1/A sub 60Y/NC10Y sub 4.00% BAML/GS/JPM/SMBC/NIKKO
9/7 $3.0B  *IADB Aaa/AAA global note 5Y: MS +12  BNP/GS/JPM/NOM
9/7 $500M  *Nederlandse Waterschapbank Aaa/AAA 18M FRN: 3ml+2 BARC/C
- 
WEDNESDAY HAD $17.15B IN HIGH-GRADE CORPORATE BOND ISSUANCE:
9/6 $1.0B *Visa Inc. A1/A+ (Total $2.5B) 5Y T+53  BAML/BARC/HSBC/JPM/USB
9/6 $750M *Visa Inc. A1/A+ 10Y T+73               BAML/BARC/HSBC/JPM/USB
9/6 $750M *Visa Inc. A1/A+ 30Y T+95               BAML/BARC/HSBC/JPM/USB
9/6 $700M *Eaton Corp. Baa1/A- 10Y T+100          BAML/C/GS/JPM
9/6 $300M *Eaton Corp. Baa1/A- 30Y T+120          BAML/C/GS/JPM
9/6 $650M *Anglo American Baa3/BBB-  7Y +170      BARC/BNP/MIZ/RBC
9/6 $650M *Anglo American Baa3/BBB-  10Y+190      BARC/BNP/MIZ/RBC
9/6 $500M *PPL Capital Funding Baa2/BBB+ 30Y T+135  BAML/GS/JPM/SCOT
9/6 $300m *Arizona Public Service A2/A- 10Y T+85    C/JPM/MUFG/SCOT
9/6 $600M *Northern States Power Aa3/A 30Y FMB T+93 BAML/BARC/BNY/PNC
9/6 $400M *National Retail Properties Baa1/BBB+ 10Y T+145 BAML/C/JEFF/RBC/WFS
9/6 $625M *Bank of Montreal A1/A+ ($2.5B Total)2Y+48  BAML/BMO/BNP/C/JPM
9/6 $400M *Bank of Montreal A1/A+ ($2.5B Total)2Y FRN 3ml+25 BAML/BMO/BNP/C/JPM
9/6 $1.1B *Bank of Montreal A1/A+ 5Y T+70             BAML/BMO/BNP/C/JPM
9/6 $375M *Bank of Montreal A1/A+ 5Y FRN 3ml+63       BAML/BMO/BNP/C/JPM
9/6 $800M *Woodside Finance Baa1/BBB+  10.5Y T+160    BAML/C/JPM/UBS
9/6 $4.0B *Asian Development Bank Aaa/AAA/AAA 5Y globl MS+12 BAML/BNP/MIZ/TD 
9/6 $700M *Sinopec Group Overseas A1/AA- 3Y T+87.5  C/GS/BOC/HSBC/ICBCI/UBS
9/6 $1.4B *Sinopec Group Overseas A1/AA- 5Y T+97.5  C/GS/BOC/HSBC/ICBCI/UBS
9/6 $750M *Sinopec Group Overseas A1/AA- 10Y T+120  C/GS/BOC/HSBC/ICBCI/UBS
9/6 $400M *Sinopec Group Overseas A1/AA- 30Y 4.00%  C/GS/BOC/HSBC/ICBCI/UBS
-
TUESDAY HAD $21.75B IN HIGH-GRADE US$ CORPORATE BOND ISSUANCE
9/5 $5.0B *Apple Inc, $1B 2y Fxd +25, $$1B 5y +48, $2B 10y +85, $1B 30y +110
9/5 $3.0B *IBM Credit $1.4B 2Y Fxd/FRN, $1.1B 3Y Fxd/FRN, $500M 5Y Fxd +55
9/5 $1.5B *Toyota Motor Credit Corp. $900M 5Y Fxd +55, $600M 5Y FRN +48
9/5 $1.3B *Caterpillar Fin $900M 3Y Fxd, +48, $400M 3Y FRN +29 BARC/JPM/SG
9/5 $1.0B *The Home Depot 10y +75
9/5 $1.6B *Cigna $600M 10Y +100, $1B 30Y +120
9/5 $1.5B *John Deere Cap Corp $600M 5y/Fxd +55, $400M 5Y/FRN +48, $500M 10y +78
9/5 $1.25B *Zoetis Inc $750M 10Y +100, $500M 30Y +130
9/5 $800M *Duke Energy Progress $300M 3Y FRN +18, $500M 30Y +92
9/5 $750M *NiSource Finance Corp. 30Y +128, Upsized
9/5 $500M *Arrow Electronics 7y +145
9/5 $300M *Pennsylvania Electric WNG Long 10Y +118
9/5 $3.25B *Mizuho:$1B 5Y +95;$1.15B 5Y FRN +110; $1.1B 10Y +110 MIZ/GS/JPM
9/5 $1.0B  *So.Calif. Edison Aa3/A/A+ 4.0% Apr 2047 +95 
-
MONDAY 9/4 US LABOR DAY HOLIDAY, NO ISSUANCE
-
FRIDAY 9/1 HAD NO HIGH-GRADE CORPORATE BOND ISSUANCE; WK:$3.75B ISSUANCE
THURSDAY HAD A LIGHT $1.250B IN HIGH-GRADE CORPORATE BOND ISSUANCE:
8/31 $1.0B *JFM  A1/A+ 144a/RegS 3Y MS+47; UST+66.1 BAML/BARC/GS/NOM
8/31 $250M *IFC Aaa/AAA: Tap Dec. 2022 global FRN 3ml+8 BARC/BAML/HSBC
-
WEDNESDAY HAD $2.5B IN HIGH-GRADE US$ CORPORATE BOND ISSUANCE:
8/30 $1.0B *Kommunalbanken Aaa/AAA 144a/RegS Wed 2Y MS+4/T+25.1 BMO/C/MIZ
8/30 $1.0B *Svenska Handelsbanken Aa2/AA-/AA 3Y+55  BAML/CS/MS/UBS
8/30 $500M *Svenska Handelsbanken Aa2/AA-/AA 3Y FRN 3ml+36 BAML/CS/MS/UBS
-
MONDAY AND TUESDAY HAD NO HIGH-GRADE US$ CORPORATE BOND ISSUANCE:
-
FRIDAY SAW NO HIGH-GRADE CORPORATE BOND ISSUANCE; WK HAD $15.45B ISSUANCE
THURSDAY SAW $2.0B IN HIGH-GRADE CORPORATE BOND ISSUANCE:
8/24 $500M *China Great Wall AMC: Baa1/BBB+/A 3Y UST+135
8/24 $1.0B *China Great Wall AMC: Baa1/BBB+/A 5Y UST+145
8/24 $500M *China Great Wall AMC: Baa1/BBB+/A 10Y UST +180
- Leads:JPM/ICBC(Asia)/ICBC Intl/ABC Intl/Agric Bk of China/HKG/CCB/STD/MS
-
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
--
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$CO$]

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