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Published on 9/5/2019 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily, Prospect News Preferred Stock Daily and Prospect News Private Placement Daily.

IG pricing spree continues with Apple, Anthem, Coke, Fannie Mae and Evergy on the tape

By Rebecca Melvin

New York, Sept. 5 – The primary investment-grade market witnessed one megadeal price at $7 billion, two deals price at $2 billion, one deal priced in the $1 billion range and a spattering of “smaller” deals hit the tape late in the post-Labor Day week.

Apple Inc. priced the blockbuster deal of $7 billion of fixed-rate senior notes. The Cupertino, Calif.-based computer company has earmarked the notes for general corporate purposes. Apple’s deal came in a series of five.

Anthem Inc. priced $2.5 billion of fixed-rate senior notes in three tranches.

Fannie Mae sold $2 billion of 1.375% three-year Benchmark Notes to yield 1.494% on Thursday.

Details emerged on Coca-Cola Co. selling $2 billion of notes in two parts on Wednesday.

Evergy, Inc. priced $1.6 billion of notes in two parts.


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