E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/15/2019 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily, Prospect News Preferred Stock Daily and Prospect News Private Placement Daily.

Charter, Credit Agricole, New York Life price; Finnvera, IBRD on tap; LeasePlan markets notes

By Cristal Cody

Tupelo, Miss., Oct. 15 – A handful of issuers tapped the high-grade primary market Tuesday following the long Columbus Day holiday weekend.

Charter Communications, Inc. sold $1.5 billion of split-rated registered senior secured notes due March 1, 2050.

Credit Agricole SA (London Branch) priced $1.5 billion of senior notes due Jan. 22, 2025.

New York Life Global Funding sold $750 million of floating-rate notes due Jan. 21, 2022.

In other activity during the session, LeasePlan Corp. NV (Baa1/BBB-/BBB+/) started the U.S. leg of its global roadshow that kicked off in London on Monday, a source said. The roadshow for a dollar-denominated offering of five-year notes is expected to be held through Thursday.

A couple of issues are expected to print on Wednesday. The International Bank for Reconstruction and Development is marketing a dollar-denominated offering of 10-year global notes.

Finnvera plc also intends to tap the primary market with a $1 billion offering of five-year notes on Wednesday.

About $10 billion to $15 billion of investment-grade supply is expected by market sources this week as the focus shifts to earnings reports.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.