MUFG, Telefonica, J.B. Hunt, Honda, Highwoods, Arizona Public, Mid-America sell; CDP ahead

By Cristal Cody

Tupelo, Miss., Feb. 26 – High-grade issuers kept up strong pricing action on Tuesday with more than $8 billion of bonds sold during the session.

Mitsubishi UFJ Financial Group, Inc. priced a $5.5 billion five-part offering of senior notes.

Telefonica Emisiones SAU sold $1.25 billion of 30-year guaranteed senior notes.

J.B. Hunt Transport Services Inc. priced $700 million of seven-year senior notes.

American Honda Finance Corp. sold $450 million of floating-rate medium-term notes due 2020.

Highwoods Realty LP priced $350 million of 10-year notes.

Arizona Public Service Co. priced $300 million of 30-year notes.

Mid-America Apartments, LP came with $300 million of 10-year senior notes on Tuesday.

Also during the session, Brooklyn Union Gas Co. held fixed-income investor calls for dollar-denominated 10- and 30-year senior notes.

Coming up on Wednesday, CDP Financial Inc. plans to price a dollar-denominated offering of three-year senior notes. The week is expected to post about $25 billion to $30 billion of total volume.

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