General Motors Financial, Enbridge, Charter, American Tower price; Kroger, Whole Foods active

By Cristal Cody

Tupelo, Miss., June 27 – High-grade issuers priced more than $6 billion of corporate bonds on Tuesday.

General Motors Financial Co. Inc. sold $2.25 billion of senior notes in three tranches, including an add-on.

Enbridge Inc. priced $1.4 billion of dollar-denominated senior notes in two parts.

Charter Communications, Inc. also priced $1.5 billion of split-rated new and reopened senior secured notes (Ba1/BBB-/BBB-) on Tuesday.

American Tower Corp. came with $750 million of 10-year senior notes.

AIG Global Funding brought $550 million of three-year senior secured notes in fixed- and floating-rate tranches to the primary market.

Also, Regency Centers LP placed $300 million in add-ons to existing 10- and 30-year notes.

Looking ahead to other primary action, Inter-American Development Bank is marketing new 10-year global notes.

The Markit CDX North American Investment Grade index softened about 2 basis points on Tuesday to close at a spread of 61 bps.

Retail food bonds remain active since Amazon.com, Inc. announced earlier in the month it would acquire Whole Foods Market Inc.

Kroger Co.’s senior notes (Baa1/BBB/BBB) traded flat to about 1 bp tighter over the day.

Whole Foods Market’s 5.2% notes due Dec. 3, 2025 softened about 1 bp.

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