Hasbro, Enbridge, Equinor, Aon, L3Harris among high-grade issuers

By Cristal Cody

Tupelo, Miss., Nov. 13 – High-grade issuers kept supply strong in the primary market on Wednesday with about $7 billion of bonds priced following AbbVie Inc.’s $30 billion 10-tranche offering sold in the previous session.

Hasbro, Inc. came with $2,375,000,000 of senior notes in four tranches on the tight side of guidance.

Enbridge Inc. priced $2 billion of senior notes in three parts.

Equinor ASA sold $1 billion of 30-year guaranteed notes.

Aon Corp. tapped the primary market with a $500 million offering of three-year guaranteed senior notes.

L3Harris Technologies, Inc. sold $400 million of 10-year senior notes on Wednesday.

Choice Hotels International, Inc. placed $400 million of 10-year senior notes during the session.

Also, Entergy Mississippi, Inc. priced a $135 million add-on to its 3.85% first mortgage bonds due June 1, 2049.

In addition, Inter Pipeline Ltd. tapped the Canadian dollar-denominated primary market with C$700 million of 60-year fixed-to-floating-rate subordinated notes.

Including AbbVie’s deal, dollar-denominated investment-grade corporate supply totals about $40 billion week to date.

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