Broadcom, BMW, Credit Suisse, Hewlett price; BAE, Prudential, CDP in deal pipeline

By Cristal Cody

Tupelo, Miss., April 6 – Investment-grade issuers priced $19.63 billion of bonds over Monday’s session.

Broadcom Inc. led pricing action with a $4.5 billion two-part offering of senior notes.

BMW US Capital, LLC brought $4 billion of senior notes in three tranches to the primary market.

Credit Suisse AG, New York Branch priced $3 billion of senior notes in two parts.

Hewlett Packard Enterprise Co. sold $2.25 billion of senior notes in two tranches, dropping a seven-year tranche.

In other action on Monday, BAE Systems plc held fixed income investor calls for a Rule 144A and Regulation S dollar-denominated offering of senior notes.

Also, Prudential plc is holding fixed income investor calls Monday and Tuesday for an offering of 10-year senior notes, a source said.

Coming up on Tuesday, CDP Financial Inc. plans to price a Rule 144A and Regulation S dollar-denominated offering of three-year guaranteed senior notes.

Also on Tuesday, Ontario Teachers’ Finance Trust is expected to price a Rule 144A and Regulation S dollar-denominated offering of five-year senior notes.

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