Sponsored Links

Forward Calendar - U.S. corporate bond new issues

Thu Jun 21, 2012 9:16am EDT

June 21 (Reuters) - The following are lists of upcoming high-grade and
high-yield corporate bond offerings in the United States. The information was
gathered from Thomson Reuters U.S. new issues team, and other market sources: 
        
*Denotes 144a private placement debt offering.
HIGH-GRADE BOND SALES EXPECTED FOR WEEK OF 6/11/2012           
COMPANY           AMT       MAT/DEBT  RTGS           MGRS                PRICED 
 
*Amer Honda Fin   $500 mln   2-yr     A1/A/NA        BAML/BNP/JPM          6/19 
   
*BAA Funding      $500 mln   3-yr     A-/A-/NA       BBVA/HSBC/MS/RBS      6/18 
  
Caterpillar       $TBA       3-yr     A2/A/A         BAML/CITI/JPM             
Caterpillar       $TBA       5-yr     A2/A/A         BAML/CITI/JPM             
Caterpillar       $TBA      10-yr     A2/A/A         BAML/CITI/JPM             
Choice Hotels     $400 mln  10-yr     Baa2/BBB/NA    DB/WFS/BAML/GS/JPM    
CubeSmart         $250 mln  10-yr     Baa3/BBB-/NA   WFS/BAML              6/19
Delmarva P&L      $250 mln  30-yr     A3/A/A         CS/JPM/SUNT           6/19
Detroit Edison    $250 mln  10-yr     A2/A/A         BARC/JPM/RBS/SC       6/19 
  
Detroit Edison    $250 mln  30-yr     A2/A/A         BARC/JPM/RBS/SC       6/19 
   
*Korean Exch Bank $700 mln   5-yr     A2/A-/NA  BAML/CITI/HSBC/ING/KEB/MS  6/18
MMM (3M)          $TBA       5-yr     Aa2/AA-/NA     CITI/DB/MS                
MMM (3M)          $TBA      10-yr     Aa2/AA-/NA     CITI/DB/MS                
Natl Bank Canada  $1 bln     3-yr     Aa2/A/NA       CITI/JPM/NBC/WFS      6/19
*Odebrecht Fin    $TBA      10-yr     Baa3/BBB-/BBB- CS/ITAU/JPM/SANT          
Occidental Petr   $500 mln   5-yr     A1/A/A         BAML/JPM/WFS          6/19 
  
Occidental Petr   $1.25 bln 10-yr     A1/A/A         BAML/JPM/WFS          6/19 
  
*PEMEX            $1.75 bln 32-yr     Baa1/BBB/BBB   BARC/JPM/SANT         6/19
Pioneer Nat Res   $500 mln  10-yr     Baa3/BBB-/BBB+ CITI/DB                   
Target Corp       $TBA      30-yr     A2/A+/A-       BAML/BARC/JPM
Total Capital     $TBS       5-yr     Aa1/AA-/AA     BARC/MS/RBS               
Wells Fargo       $750 mln  3-yr frn  A2/A+/AA-      WFS                   6/20
Wells Fargo       $2 bln     3-yr     A2/A+/AA-      WFS                   6/20 
   
------------------------------------------------------------------------------- 
SPLIT-RATED BOND SALES EXPECTED FOR WEEK OF 6/11/2012                         
COMPANY           AMT       MAT/DEBT  RTGS           MGRS                 PRICED
DDR Corp          $300 mln  10-yr     Baa3/BB+/BB+   DB/RBS/UBS             6/19
Newfield Explora  $1 bln    12-yr     Ba1/BBB-/BB+   WFS                    6/19
Western Gas       $525 mln  10-yr     Baa3/BB+/BBB-  BARC/RBS                   
--------------------------------------------------------------------------------
HIGH-YIELD BOND SALES EXPECTED FOR WEEK OF 6/11/2012 
COMPANY           AMT       MAT/DEBT  RTGS           MGRS                 PRICED
Corp Office Prop  $150 mln  perpetual NR/NR/NR       WFS/BAML               6/20
 
Safina Ltd        $286 mln  10.5-yr   NR/NR/NR       JPM                    6/19
--------------------------------------------------------------------------------
PREVIOUS HIGH-GRADE SALES                                                       
 
COMPANY           AMT         MAT/DEBT  RTGS         MGRS                 PRICED
Astoria Financial $TBA       5-yr     Baa2/BBB-/NA   JEFF/SOP              6/14
AT&T              $1.15 bln  5-yr     A2/A-/A        CITI/JPM/WFS          6/11 
AT&T              $850 mln  10-yr     A2/A-/A        CITI/JPM/WFS          6/11 
Bunge Ltd Finance $400 mln   5-yr     Baa2/BBB-/BBB  CITI/JPM/MS           6/12 
CBS Corp          $400 mln   5-yr     Baa2/BBB/NA    CITI/JPM/MS           6/11 
CBS Corp          $500 mln  30-yr     Baa2/BBB/NA    CITI/JPM/MS           6/11 
City Natl Bank    $150 mln  10-yr     A2/BBB+/NA     GS/JPM                6/13 
Embraer SA        $500 mln  10-yr     Baa3/BBB-/NA   CITI/ITAU/MS          6/12 
*Exelon Generatn  $275 mln  10-yr     Baa1/BBB/BBB+  BARC/RBS/SCOTIA/UBS   6/13 
*Exelon Generatn  $500 mln  30-yr     Baa1/BBB/BBB+  BARC/RBS/SCOTIA/UBS   6/13 
Export Dev Canada $1.0 bln   3-yr     Aaa/AAA/NA     DB/HSBC/JPM/TD        6/12 
Fla Gas Transmiss $300 mln  10-yr     Baa2/BBB/NA    RBS/UBS               6/12 
Nat Australia Bnk $1.25 bln  5-yr     Aaa/NA/AAA     BARC/DB/NAB/RBC       6/12 
*Network Rail     $1.5 bln   3-yr     Aaa/AAA/AAA    BARC/DB/GS/JPM        6/13 
Newell Rubbermaid $250 mln   3-yr     Baa3/BBB-/BBB  JPM/RBC               6/11 
Newell Rubbermaid $250 mln  10-yr     Baa3/BBB-/BBB  JPM/RBC               6/11 
Nextera Engy Cap  $200 mln  60-yr     Baa2/BBB/NA    BAML/CITI/MS/UBS/WFS  6/12 
NiSource Finance  $250 mln 10.5-yr    Baa3/BBB-/BBB- BNPP/CITI/USB/WFS     6/11 
NiSource Finance  $500 mln 30.5-yr    Baa3/BBB-/BBB- BNPP/CITI/USB/WFS     6/11 
*NY Life          $500 mln   2-yr frn Aaa/AA-/NA     BARC/DB/JEFF          6/11 
PPL Capital       $400 mln  10-yr     Baa3/BBB-/NA   BNPP/GS/JPM/UBS       6/11 
 
Qwest Corp        $400 mln  40-yr     Baa3/BBB-/BBB- BAML/MS/UBS/WFS       6/14
Symantec Corp     $600 mln   5-yr     Baa2/BBB/NA    BAML/JPM/MS           6/11 
Symantec Corp     $400 mln  10-yr     Baa2/BBB/NA    BAML/JPM/MS           6/11 
UnionBanCal       $900 mln  10-yr     A3/A/A         BAML/MUS/MS           6/11 
--------------------------------------------------------------------------------
 
PREVIOUS SPLIT-RATED BOND SALES             
COMPANY           AMT         MAT/DEBT   RTGS           MGRS             PRICED 
*Banco do Brasil  $750 mln  10.5-yr   Baa1/BB+/NA    BDB/HSBC/STAND         6/12
SLM Corp          $350 mln   5-yr     Ba1/BBB-/BBB-  BAML/DB/JPM            6/12
--------------------------------------------------------------------------------
PREVIOUS HIGH-YIELD BOND SALES         
COMPANY           AMT         MAT/DEBT  RTGS        MGRS                 PRICED 
Helios Leasing I  $142.03   12-yr     NR/NR/NR       BNP/KGSALPHA           6/12
*Puget Energy     $450 mln  10-yr     Ba1/BB+/NA     BAML/JPM/WFS           6/12
--------------------------------------------------------------------------------
PREVIOUS CONVERTIBLE SECURITIES SALES             
COMPANY           AMT         MAT/DEBT   RTGS           MGRS             PRICED 
   
------------------------------------------------------------------------------- 
 
DEALS RECENTLY POSTPONED                                                        
COMPANY           AMT         MAT/DEBT   RTGS           MGRS    DATE POSTPONED  
   
------------------------------------------------------------------------------  
 
MANAGERS:                          SYNDICATE DESK NUMBERS:     
                                                 HIGH-YIELD    HIGH-GRADE     
BARC   Barclays Capital                          212-412-3889  212-412-2663     
 
BNP    BNP Paribas                                             212-841-3435     
 
CITI   Citigroup Global Markets                  212-723-6020  212-723-6121     
 
CS     Credit Suisse                                           212-325-3325     
 
DB     Deutsche Bank                             212-250-8314  212-250-6801     
 
GS     Goldman Sachs & Co                        212-357-0347  212-902-5954     
 
HSBC   HSBC Securities                           212-525-4102  212-525-4102     
 
JPM    J.P. Morgan Chase & Co                                  212-834-4533     
 
MIZ    Mizuho Securities                         212-205-7543  212-205-7543     
 
MS     Morgan Stanley                            212-761-2031  212-761-2000     
 
NOM    Nomura                                    212-667-1476  212-667-1476     
 
RBC    RBC Capital Markets                       212-618-2205  212-858-7232     
 
RBS    RBS                                       203-897-6981  203-897-6553     
 
SUN    Suntrust                                                404-926-5604     
 
UBS    UBS Investment Bank                                     203-719-1088
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.