Morning Commentary: D.R. Horton, AmerisourceBergen, UDR, Realty Income market notes

By Cristal Cody

Tupelo, Miss., Nov. 29 – Several issuers announced plans on Wednesday to tap the high-grade primary market.

D.R. Horton, Inc. is offering three-year senior notes following a round of fixed income investor calls on Tuesday.

AmerisourceBergen Corp. is marketing two tranches of senior notes.

UDR, Inc. is in the deal pipeline with an offering of medium-term notes.

Realty Income Corp. plans to price three tranches of notes, including taps of two existing issues.

In other activity early Wednesday, the Federal Home Loan Bank System announced it will not issue or reopen a global note on Wednesday’s scheduled calendar issuance date.

Deal action has been strong in the first two sessions of the week. Market sources expect total weekly supply in the $30 billion area.

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