JPMorgan, RBS, Scentre, AutoNation, Entergy, Five Corners, Arizona Public Service price

By Cristal Cody

Tupelo, Miss., May 19 – Corporate and sovereign, supranational and agency issuers priced more than $15 billion of high-grade bonds on Tuesday with several deals upsized.

JPMorgan Chase & Co. sold $3.5 billion of fixed-to-floating-rate notes (A3/BBB+/BBB+) in two tranches.

Royal Bank of Scotland Group plc (Baa2/BBB/A) priced an upsized $1.6 billion of senior callable fixed-to-fixed reset rate notes, including a green tranche.

Scentre Management Ltd. came by with $1.5 billion of notes (A2/A/) in two parts.

Five Corners Funding Trust II priced $1.5 billion of precapitalized trust securities (A3/A/) during the session.

Arizona Public Service Co. brought $600 million of 30-year senior notes (A2/A-/A) to the primary market.

Kentucky Utilities Co. priced an upsized $500 million of 30-year first mortgage bonds (A1/A/) on Tuesday.

AutoNation Inc. placed an upsized $500 million of 10-year senior notes (Baa3/BBB-/BBB-).

National Fuel Gas Co. sold an upsized $500 million of notes due Jan. 15, 2026 (Baa3/BBB-/BBB) during the session.

In other issuance, Entergy Mississippi, Inc. tapped the primary market with $170 million of first mortgage bonds due June 1, 2051 (A2/A/).

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