Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers J > Headlines for Japan International Cooperation Agency > News item |
Mars prices four tranches; MUFG sells notes; JBIC sets price talk; credit spreads firm
By Cristal Cody
Tupelo, Miss., July 13 – Investment-grade supply included deals from Mars Inc. and Mitsubishi UFJ Financial Group, Inc. on Monday.
Mars priced a $2.5 billion Rule 144A and Regulation S four-part offering of guaranteed senior notes (A1/A) tighter than talk.
Mitsubishi UFJ Financial sold $3 billion of registered senior notes (A1/A-/A) in two tranches, also better than initial guidance on Monday.
Coming up on Tuesday, Japan International Cooperation Agency plans to price $500 million of 10-year registered guaranteed bonds.
Initial price talk is in the mid-swaps plus 50 basis points area.
The Markit CDX North American Investment Grade 33 index ended Monday’s session about 1.5 basis points tighter from Friday at a spread of 73.1 bps.
The iShares iBoxx Investment Grade Corporate Bond ETF softened 0.26% to 135.51.
The Pimco Investment Grade Corporate Bond index declined 0.24% to 115.05.
© 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.