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World Bank 3Y SOFR Issuance on Tap

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 2/15 $Benchmark World Bank 3Y SOFR+28a
  • $18.9B Priced Wednesday - led by BMY's $13B 9pt jumbo (vs. massive order book of $85B), total for week at $36.85B
  • 2/14 $13B #Bristol-Meyers Squibb $1B 2Y +40, $500M 2Y SOFR+49, $1B 3Y +55, $1.75B 5Y +70, $1.25B 7Y +85, $2.5B 10Y +95, $500M 20Y +100, $2.75B 30Y +115, $1.75B 40Y +125
  • 2/14 $2.25B #Cummins $500M 5Y +70, $750M 10Y +93, $1B 30Y +105
  • 2/14 $1.5B #BNP Paribas PerpNC7.5 8%
  • 2/14 $1.15B #Cardinal Health $650M 5Y +90, $500M 10Y +120
  • 2/14 $1B #Marsh & McLennan $500M 10Y +90, $500M 30Y +103
  • 2/14 $Benchmark Synchrony Financial investor calls

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