High-grade supply reaches $5 billion; Enterprise Products, Honda, Ventas, Eversource price

By Cristal Cody

Tupelo, Miss., June 24 – Investment-grade corporate issuers priced $5 billion of registered bonds over Monday’s session.

Enterprise Products Operating LLC tapped the primary market with a $2.5 billion two-part offering of guaranteed fixed-rate senior notes.

American Honda Finance Corp. brought $1.75 billion of medium-term notes in three tranches on Monday.

Ventas Realty LP priced $450 million of long five-year senior notes.

Public Service Co. of New Hampshire, doing business as Eversource Energy, sold $300 million of 30-year first mortgage bonds.

In other deal activity, Dominion Energy, Inc. remarketed $1.4 billion of junior subordinated notes due Aug. 15, 2021 and Aug. 15, 2024 on Monday.

About $15 billion of high-grade supply is forecast for this week with the chance of opportunistic issuers strong, depending on market tone and global trade developments, syndicate sources said.

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