Flex sells add-on; Paccar issues $300 million; Kommuninvest to price

By Devika Patel

Knoxville, Tenn., Oct. 31 – Primary activity in the investment-grade bond market was relatively slow late in the week, with two new deals pricing and one new deal announced on Thursday.

Singapore based Flex Ltd., a real estate investment that has offices in the United States, priced a $200 million add-on to its 4.875% senior notes (Baa3/BBB-) due June 15, 2029.

Bellevue, Wash.-based financing arm of Paccar Inc. Paccar Financial Corp. sold $300 million of 1.9% medium-term notes due Feb. 7, 2023.

Orebro-based Kommuninvest I Sverige AB, a company that offers funding to municipalities of Sweden, plans a $1.25 billion sale of fixed-rate benchmark notes due 2022.

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