Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Q > Headlines for Quanta Services Inc. > News item |
Verizon sells $1.12 billion more; Quanta issues notes; Barclays, Emerson price
By Devika Patel
Knoxville, Tenn., Sept. 17 – Primary activity in the investment-grade bond market on Thursday saw six new deals pricing.
New York-based Verizon Communications Inc., a telecommunications company, priced another $1.12 billion of 3% 40-year notes after selling $1 billion of 1.5% 10-year green notes on Wednesday.
Houston-based Quanta Services, Inc., a specialized contracting services company, sold $1 billion of 2.9% 10-year senior notes (Baa3/BBB-/) to help repay its term loan.
In addition, London-based Barclays plc, an investment bank and financial services company, priced $1 billion of 3.564% 15-year fixed-rate resetting subordinated split-rated callable notes (Baa3/BB+/BBB+).
Plus, St. Louis-based Emerson Electric Co., a technology and engineering company, priced $750 million of 0.875% notes due Oct. 15, 2026.
Also, Daytona Beach, Fla.-based Brown & Brown Inc., a diversified insurance company, sold $700 million of 2.375% senior notes (Baa3/BBB-) due March 15, 2031 at 99.89 and Newton, Mass.-based Office Properties Income Trust, a real estate investment trust, sold a $250 million add-on to its 4.5% senior notes (Baa3/BBB-) due Feb. 1, 2025 at 101.414.
© 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.