Issuer: | Sprint Corp.
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Size/structure: | $4.25 billion 7 7/8% senior notes due Sept. 15, 2023 that priced at par
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Dealers: | JPMorgan, Deutsche Bank, Bank of America, Citigroup, Credit Agricole, Credit Suisse, Goldman Sachs and RBC
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Pricing date: | Sept. 4
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• The biggest high-yield bond tranche of 2013. It was the larger of two tranches that Sprint brought that day in a whopping upsized $6.5 billion transaction.
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ALLY FINANCIAL INC.
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Issuer: | Ally Financial Inc.
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Size/structure: | $1 billion 2¾% senior guaranteed notes due May 15, 2016 priced at 99.622 to yield 2 7/8%
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Bookrunners: | Citigroup, Goldman Sachs, JPMorgan and Morgan Stanley
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Pricing date: | Dec. 2
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• Issuance tied for the lowest coupon of 2013.
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GENERAL MOTORS FINANCIAL CO., INC.
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Issuer: | General Motors Financial Co., Inc.
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Size/structure: | $1 billion 2¾% senior notes priced at par
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Bookrunners: | Deutsche Bank, Barclays, Goldman Sachs, RBC, RBS
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Pricing date: | May 7
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• Issuance tied for the lowest coupon of 2013.
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ALPHABET HOLDING CO., INC./NBTY, INC.
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Issuer: | Alphabet Holding Co., Inc./NBTY, Inc.
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Size/structure: | $450 million add-on to 7¾%/8½% contingent cash pay senior notes due Nov. 1, 2017 at 102.25
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Bookrunners: | Barclays, BofA Merrill Lynch, Credit Suisse, Goldman Sachs
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Pricing date: | Dec. 5
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Original issue: | $550 million priced at 98 with a cash yield of 8.242% and a PIK yield of 8.776% in October 2012
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Total issue size: | $1 billion
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• The add-on's 6.872802% yield to worst was a record low print for a PIK toggle note, according to Prospect News data.
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FIAT SPA
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Issuer: | Fiat SpA
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Size/structure: | €1.25 billion 6 5/8% senior notes due March 15, 2018 priced at par
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Bookrunners: | Banca IMI, Barclays, Credit Agricole CIB, Mediobanca, Royal Bank of Scotland, Santander, UBS
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Pricing date: | March 12
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• Biggest euro tranche
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