IADB, Rentenbank, Japan Finance, SEB, Equitable Holdings, Pricoa price

By Cristal Cody

Tupelo, Miss., Aug. 25 – Investment-grade supply on Tuesday included about $13 billion of bonds priced with the bulk from sovereign, supranational and agency issuers.

The Inter-American Development Bank (Aaa/AAA/) priced a $2.5 billion offering of three-year global notes.

Landwirtschaftliche Rentenbank (Aaa/AAA/AAA) tapped the primary market with $1.5 billion of 10-year senior notes.

Japan Finance Organization for Municipalities (A1/A+/) sold $1.5 billion of senior notes due Sept. 2, 2025.

Also, Fannie Mae came by with $4.5 billion of five-year Benchmark notes during the session.

In other pricing action, Skandinaviska Enskilda Banken AB priced $2 billion of senior notes (Aa2/A+/AA-) in three tranches.

The group sold $400 million of three-year floating-rate notes, $1 billion of three-year fixed-rate notes and $600 million of five-year notes.

Equitable Holdings, Inc. subsidiary Equitable Financial Life Global Funding (A2/A+/) priced $500 million of seven-year funding agreement-backed notes in a deal upsized from $300 million.

In addition, Pricoa Global Funding I brought $400 million of five-year funding agreement-backed notes (Aa3/AA-AA-) to the primary market.

© 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.