High-grade supply strong; Intel, Dominion Energy, LabCorp, Honda, Western Union, Ameren price

By Cristal Cody

Tupelo, Miss., Nov. 18 – Investment-grade corporate issuers sold more than $8 billion of bonds over Monday’s session.

Intel Corp. priced $2.75 billion of senior notes in two tranches.

Dominion Energy Gas Holdings, LLC priced $1.5 billion of senior notes in three tranches.

Laboratory Corp. of America Holdings brought $1.05 billion of senior notes in two parts to the primary market.

Packaging Corp. of America sold $900 million of senior notes in two tranches.

American Honda Finance Corp. came by with $600 million of 2.-5-year medium-term notes.

Western Union Corp. sold $500 million of five-year senior notes.

Ameren Illinois Co. priced $300 million of first mortgage bonds due March 15, 2050.

Arizona Public Service Co. tapped the primary market with a $300 million offering of 30-year senior notes.

In addition, Mid-America Apartments, LP sold $300 million of long 10-year senior notes.

About $25 billion of high-grade bond issuance is forecast by syndicate sources this week.

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