American Tower, SoCal Edison, Alexandria Equities, Ameriprise price; Husky eyes market

By Cristal Cody

Tupelo, Miss., March 12 – High-grade corporate and sovereign, supranational and agency issuers tapped the primary market over Tuesday’s session.

American Tower Corp. priced $1.25 billion of senior notes in two tranches.

Southern California Edison Co. brought a $1.1 billion two-tranche offering of first and refunding mortgage bonds.

Alexandria Real Estate Equities, Inc. priced an $850 million three-part offering of guaranteed green senior notes.

American International Group, Inc. sold a $600 million offering of 10-year notes.

Ameriprise Financial, Inc. priced $500 million of three-year senior notes.

In SSA primary action, the International Bank for Reconstruction and Development, or World Bank, sold $4.5 billion of five-year global notes tighter than talk.

Kommunalbanken AS sold $750 million of two-year senior floating-rate notes in line with guidance.

In addition, KommuneKredit was expected to price a dollar-denominated offering of fixed-rate notes due 2022 during the session.

In other market action on Tuesday, Husky Energy Inc. (Baa2/BBB/) held fixed-income investor calls, a source said. BofA Merrill Lynch, Barclays, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are the arrangers.

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