High-grade volume heavy; HCA, Parker-Hannifin, TD Bank, Apache, PNC, Morgan Stanley price

By Cristal Cody

Tupelo, Miss., June 5 – Investment-grade issuers flooded the primary market with about $14 billion of new bonds on Wednesday.

HCA Inc. priced $5 billion of split-rated senior secured notes in three tranches.

Parker-Hannifin Corp. sold $2.38 billion of senior notes in three parts.

Toronto-Dominion Bank priced $1.5 billion of five-year senior medium-term notes.

Apache Corp. priced $1 billion of senior notes in two tranches.

PNC Bank, NA placed $800 million of two-year floating-rate notes.

Morgan Stanley brought $750 million of three-year global medium-term floating-rate senior notes priced with the Secured Overnight Financing Rate benchmark.

Unibail-Rodamco-Westfield SE subsidiary WEA Finance LLC came with $750 million of 10-year senior notes.

Ares Capital Corp. sold $650 million of five-year senior notes.

Allstate Corp. brought $500 million of 30-year senior notes to the primary market.

Swedish Export Credit Corp. priced an upsized $650 million of 18-month global floating-rate notes.

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