Keurig Dr Pepper, BAE, Mondelez, Phillips 66, NiSource, BNG Bank price; credit spreads firm

By Cristal Cody

Tupelo, Miss., April 7 – Investment-grade issuers priced more than $13 billion of bonds on Tuesday, bringing week to date corporate and sovereign, supranational and agency volume to over $30 billion.

Keurig Dr Pepper Inc. sold $1.5 billion of senior notes in two tranches.

BAE Systems PLC priced $1.3 billion of 10-year senior notes.

Mondelez International, Inc. came to the market with $1 billion of notes in two tranches.

NiSource Inc. sold $1 billion of 10-year notes during the session.

Phillips 66 priced $1 billion of guaranteed senior notes in two parts on Tuesday.

Avangrid, Inc. brought $750 million of five-year green notes.

Estee Lauder Cos. Inc. priced $700 million of 10-year senior notes.

Narragansett Electric Co. priced an upsized $600 million of 10-year notes.

Brookfield Finance Inc. also brought an upsized $600 million of 10-year senior notes to the primary market.

In new SSA supply on Tuesday, BNG Bank NV sold $2 billion of three-year bonds.

Ontario Teachers’ Finance Trust priced $1 billion of five-year senior notes.

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