Ford Motor Credit, UPS, Husky Energy, Entergy Arkansas, Municipality Finance, FHLB price

By Cristal Cody

Tupelo, Miss., March 13 – Investment-grade supply remained active on Wednesday with new issues in the corporate and sovereign, supranational and agency markets.

Ford Motor Credit Co. LLC sold $1.5 billion of five-year notes, dropping a tranche of floating-rate notes from the final offering.

United Parcel Service, Inc. priced a $1.5 billion two-part offering of senior notes during the session.

Husky Energy Inc. sold $750 million of 10-year notes in the company's first dollar-denominated bond deal since 2014.

Entergy Arkansas, LLC sold $350 million of 30-year first mortgage bonds on Wednesday in the third energy deal priced this week.

In SSA supply, Municipality Finance plc sold $1 billion of long four-year notes.

Also on Wednesday, the Federal Home Loan Bank System sold $3 billion of two-year floating-rate notes linked to the Secured Overnight Financing Rate.

About $24 billion of investment-grade bonds have priced week to date, in line with forecasts of about $25 billion of supply expected for the week.

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