E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/1/2020 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily, Prospect News Preferred Stock Daily and Prospect News Private Placement Daily.

Union Electric, New England Power, Signature Bank, Swedish Export Credit price

By Cristal Cody

Tupelo, Miss., Oct. 1 – A handful of companies tapped the high-grade bond market on Thursday as the fourth quarter kicked off.

Union Electric Co. priced $550 million of long 30-year green first mortgage bonds (A2/A/) following investor calls in the previous session.

New England Power Co. (A3/A-/) brought $400 million of 30-year senior notes in a Rule 144A and Regulation S transaction to the primary market.

Signature Bank (Baa2//BBB+) sold $375 million of 10-year fixed-to-floating-rate subordinated notes in a deal upsized from $200 million.

In sovereign, supranational and agency issuance, Swedish Export Credit Corp. priced a $150 million add-on to its 1.75% medium-term global notes due Dec. 12, 2023 (Aa1/AA+/) on Thursday.

Also on Thursday, Everest Reinsurance Holdings, Inc. (Baa1/A-/) marketed two tranches of registered senior notes due in 2030 and 2050.


© 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.