Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for KfW Bankengruppe > News item |
Walmart, Citigroup, JPMorgan, PNC price nearly $10 billion of notes; KfW raises $3 billion
By Cristal Cody
Tupelo, Miss., April 16 – High-grade issuers priced $12.75 billion of bonds, including $9.75 billion of corporate issuance, over Tuesday’s session.
Walmart Inc. led deal volume with a $4 billion three-part offering of fixed-rate senior notes that priced on the tight side of guidance.
Citigroup Inc. and JPMorgan Chase & Co. tapped the primary market following earnings releases.
Citigroup sold $2.75 billion of six-year notes following the company’s first-quarter earnings report on Monday.
JPMorgan priced a $1.5 billion reopening of its 3.964% senior fixed-to-floating rate notes due Jan. 15, 2048. The company reported earnings on Friday.
Also on Tuesday, PNC Financial Services Group, Inc. sold $1.5 billion of 10-year senior notes.
In supply in the sovereign, supranational and agency markets, KfW priced $3 billion of two-year global notes.
Week to date, corporate issuers have brought $12.45 billion of notes to the primary market.
Volume was light on Monday’s U.S. tax day with one reported deal from BMW US Capital, LLC, which priced a $2.7 billion four-part offering of senior notes.
© 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.