Bank of Montreal, Barclays, FS KKR, Juniper, National Bank, AIG, WSFS price; inflows soften

By Cristal Cody

Tupelo, Miss., Dec. 3 – High-grade supply picked up on Thursday with more than $7 billion of issues sold over the session.

Bank of Montreal (Aa2/A+/AA-) priced $1.5 billion of senior medium-term notes in two tranches.

The deal included $600 million of three-year floating-rate notes and $900 million of three-year fixed-rate notes.

Barclays plc brought $1.5 billion of fixed-rate resetting senior callable notes due Dec. 10, 2024 (Baa2/BBB/A) to the primary market.

FS KKR Capital Corp. (Baa3//BBB-) priced $1 billion of notes due Jan. 15, 2026 in an offering upsized from $400 million.

Juniper Networks, Inc. came by with $800 million of senior notes (Baa2/BBB/) in two tranches following fixed income investor calls in the prior session.

The company sold $400 million of five-year notes and $400 million of 10-year notes.

National Bank of Canada (A3/A/A+) tapped the primary market with $750 million of notes due Nov. 15, 2024.

AIG Global Funding priced $550 million of three-year senior secured notes (A2/A+/) backed by funding agreements during the session.

In addition, WSFS Financial Corp. sold $150 million of 10-year fixed-to-floating rate senior notes (Kroll: A-) on Thursday.

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