Scotiabank, ANZ, Municipality Finance price; deal calendar takes shape; Whole Foods firms

By Cristal Cody

Tupelo, Miss., July 11 – Several corporate and SSA bonds priced in the high-grade primary market on Tuesday.

Bank of Nova Scotia sold $1.5 billion of dollar-denominated senior notes in two tranches.

ANZ New Zealand International Ltd. priced a $1 billion two-part offering of senior notes.

Takeda Pharmaceutical Co., Ltd. came with $500 million of dollar-denominated 4.5-year notes.

In the SSA space, Municipality Finance plc sold $1 billion of long three-year senior bonds.

International Finance Corp. priced $500 million of global floating-rate notes due Dec. 15, 2022 on top of talk.

Looking to Wednesday’s primary action, European Bank for Reconstruction and Development (Aaa/AAA/AAA) plans to price $500 million of new three-year global floating-rate notes, according to a market source.

Mitsui Fudosan Co., Ltd. (A2/A/) held global investor calls on Tuesday in advance of a benchmark sized dollar-denominated offering of 10-year notes, a source said. BofA Merrill Lynch and Nomura are the arrangers.

In addition on Tuesday, SMBC Aviation Capital Ltd. (/BBB+/A-) wrapped a two-day round of fixed-income investor calls ahead of a possible bond offering.

In secondary market activity, Whole Foods Market Inc.’s 5.2% notes due Dec. 3, 2025 tightened about 7 bps on Tuesday.

Kroger Co.’s senior notes (Baa1/BBB/BBB) were mixed.

The Markit CDX North American Investment Grade index closed modestly softer at a spread of 62 bps.

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