E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/14/2020 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily, Prospect News Preferred Stock Daily and Prospect News Private Placement Daily.

Charter, UBS, Valero, Scotiabank, DXC, Marriott, USAA, KKR price

By Cristal Cody

Tupelo, Miss., April 14 – Investment-grade issuers priced nearly $12 billion of bonds over Tuesday’s session, bringing week to date volume to more than $30 billion.

Charter Communications, Inc. subsidiaries Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. came by the market with $3 billion of senior secured notes in two tranches.

UBS AG, London Branch priced $2.5 billion of two-year senior notes.

Valero Energy Corp. sold $1.5 billion of senior notes in two tranches.

Bank of Nova Scotia brought $1.25 billion of three-year senior bail-inable notes.

DXC Technology Co. sold $1 billion of senior notes in two tranches on Tuesday.

Marriott International, Inc. priced an upsized $1.6 billion of 5.75% five-year senior notes (Baa3/BBB-/) on Tuesday at 99.996 to yield 5.75%, tighter than talk in the 7.25% area. The deal was upsized from $1 billion.

USAA Capital Corp. priced $800 million of sustainability bonds in two tranches.

Also, KKR & Co. Inc. subsidiary KKR Group Finance Co. VI LLC priced a $250 million reopening of its 3.75% senior notes due July 1, 2029.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.