LyondellBasell, Standard Chartered, W.P. Carey, John Deere, Athene, Sweden in primary

By Cristal Cody

Tupelo, Miss., Oct. 6 – The high-grade primary market stayed active on Tuesday with numerous corporate and sovereign, supranational and agency issuers.

LyondellBasell Industries NV subsidiary LYB International Finance III BV offered of six tranches of guaranteed notes on Tuesday following a virtual roadshow on Monday, a source said.

W.P. Carey Inc. tapped the primary market with $500 million of senior notes due Feb. 1, 2031 in a deal upsized from $350 million.

John Deere Capital Corp. priced $500 million of three-year senior medium-term notes 20 bps better than talk.

Athene Holding Ltd. sold $400 million of senior notes due Jan. 15, 2031 in a registered offering 35 bps tighter than talk.

Also on Tuesday, Standard Chartered plc offered dollar-denominated notes due Oct. 14, 2023 talked to price in the Treasuries plus 150 bps spread area.

MassMutual Global Funding II marketed funding agreement-backed notes due Oct. 9, 2030 that were guided at the Treasuries plus 105 bps spread area.

In other supply on Tuesday, the Kingdom of Sweden sold $2.5 billion of two-year notes in an offering that attracted $4.7 billion in bids.

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