Boston Scientific, CSX, Weyerhaeuser, Florida Power, Sweden price; Woodside holds roadshow

By Cristal Cody

Tupelo, Miss., Feb. 21 – Boston Scientific Corp. led deal action in the high-grade bond market on Thursday with a $4.3 billion five-part offering of senior notes that priced on the tight side of guidance.

Also during the session, CSX Corp. sold $1 billion of new and reopened senior notes.

Weyerhaeuser Co. priced $750 million of long 10-year senior notes following a round of investor calls earlier in the week.

Florida Power & Light Co. brought $600 million of 30-year first mortgage bonds to the primary market.

In other issuance on Thursday, Sweden priced $2 billion of three-year bonds at mid-swaps flat, tighter than initial talk in the mid-swaps plus 2 basis points area.

“We had strong demand from both central banks and bank treasuries, which provided us with a very tight price,” Anna Sjulander, head of funding at the Swedish National Debt Office, said in a news release.

In other pricing action, Credit Agricole SA raised $1.25 billion in an offering of perpetual deeply subordinated additional tier 1 resettable notes in the previous session, according to a market source and a news release on Thursday.

Meanwhile, Woodside Finance Ltd. began a two-day roadshow and fixed-income investor calls on Thursday for a dollar-denominated offering of notes.

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