USD New Issues: Update
- FHLB is preparing a USD 2y Global note at around Treasuries +11bps through Citi, TorDom and WFS.
- Insurance broker HUB International plans a $2.675bn 7y NC3 B2/B secured bond. Leads are ATB, Barclays, BofA, BMO, CS, GS, JPM, Macqurie, MS, Nomura and RBC.
- EDF (Ba2/B+/BBB-) priced a $1.5bn perp HC10 Hybrid sub at 9.125%. Leads are BNPP (B&D), BofA, DB, MUFG, SMBC Nikko and StanChart.
- Handelsbanken priced a $700m 3y, $500m 3y FRN and $1bn 5y (SNP) notes at Treasuries +112.5bps, SOFR + 125bps and +175bps. Leads are BNPP, Citi, GS and MS.
- Vistra Operations Co. priced a $450m 5y P-Cap deal via BNPP, CA-CIB, CS, JPM and TSI. Baa3/BBB-/BBB-. Priced at +337.5bps.
- Ally Financial priced an $850m 6y NC5. Leads Barclays, Citi, JPM and RBCCM. Baa3/BBB-/BBB-. Priced at +312.5bps.
- NatWest Group (A3/BBB+/A) priced a $1.25bn 6.25y NC5.25y at Treasuries +195bps. Leads are Citi, GS, MS, NatWest and TorDom.
- Finnvera priced a $1bn 5y at swaps +47bps via BofA, Citi, JPM and TorDom (B&D).
- Santander Holdings USA (Baa3/BBB+) priced a $500m 6y NC5 at Treasuries +270bps. Leads are Citi, MS, Santander and WFS.