RBC, Deutsche Bank, energy issuers price; Kommuninvest offers notes; Comcast eyes deal

By Cristal Cody

Tupelo, Miss., Oct. 1 – Investment-grade issuance kicked off October on a strong note with a major bond offering from Comcast Corp. looming on the immediate horizon.

On Monday, Royal Bank of Canada priced $1.8 billion of medium-term senior notes in two tranches.

Deutsche Bank AG, New York Branch sold $1.5 billion of senior notes in two parts.

In other issuance, Atmos Energy Corp. priced $600 million of 30-year senior notes.

Tampa Electric Co. placed $375 million of long 30-year bonds.

Also during the session, Comcast (A3/A-/A-) held fixed income investor calls for a multiple note offering expected to total in the $20 billion to $27 billion range, according to a market source.

BofA Merrill Lynch and Wells Fargo Securities LLC are the arrangers.

Earlier in September, Comcast announced it offered $39 billion to win the bid for Sky plc, a London-based media and telecommunications company.

In addition on Monday, Kommuninvest I Sverige AB marketed a benchmark-sized Rule 144A and Regulation S offering of three-year notes expected to price on Tuesday. The notes were initially talked to price in the mid-swaps plus 3 basis points area.

Syndicate sources predict about $40 billion to $45 billion of supply this week on the heels of less than $12 billion of issuance in the previous week.

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