CVS, Hartford, Welltower, Humana, EPR, Magellan, PSE&G, Paccar price

By Cristal Cody

Tupelo, Miss., Aug. 8 – Investment-grade companies sold nearly $9 billion of bonds on Thursday, bringing week to date deal volume to more than $36 billion.

CVS Health Corp. priced a $3.5 billion three-part offering of fixed-rate senior notes.

Hartford Financial Services Group, Inc. sold $1.4 billion of senior notes in two tranches.

Welltower Inc. raised $1.2 billion in reopened and new issue tranches.

Humana Inc. priced $1 billion of fixed-rate senior notes in two parts.

EPR Properties priced $500 million of 10-year senior notes.

Magellan Midstream Partners, LP placed $500 million of senior notes due March 1, 2050.

Public Service Electric and Gas Co. sold $400 million of 30-year secured medium-term notes.

Also, Paccar Financial Corp. tapped the primary market with a $300 million offering of five-year medium-term notes.

About $25 billion to $30 billion of issuance was expected by syndicate sources for the week.

Elsewhere, inflows resumed this week.

Lipper US Fund Flows reported that corporate investment-grade funds had inflows of $2.8 billion for the past week ended Wednesday, compared to an outflow of $62 million in the previous week.

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