Edition:
United States

Andrea Johnson

IBM and AT&T add to floating-rate note frenzy

Feb 08 2013

Feb 8 (IFR) - IBM and AT&T made the most of a surge in demand for floating-rate notes in the US corporate bond market this week by issuing US$2.25bn of two-year and three-year floaters, and in IBM's case at a negative spread to Libor.

Pfizer's Zoetis wins strong response for $3.65bn debut bond sale

Jan 16 2013

NEW YORK, Jan 16 (IFR) - Pfizer unit Zoetis on Wednesday drew strong demand for its debut bond offering, a $3.65 billion four-part deal that attracted an order book of about $30 billion and allowed it to sharply tighten pricing from original guidance, according to market sources.

Qatar Telecom prices $1 bln of 10-year notes

Dec 12 2012

Dec 12 (IFR) - Qatar Telecom on Wednesday priced a $1 billion offering of 10-year notes at the lower end of its price guidance.

Dollar-covered bonds back in limelight

Nov 09 2012

Nov 9 (IFR) - The US dollar-covered bond issuance space was in the limelight this week, with two issuers raising a total US$2bn from deals that added more depth to an asset class whose acceptance is clearly growing among investors.

Abbott deal elevates US high-grade market to new heights

Nov 08 2012

Nov 8 (IFR) - The US investment-grade bond market reached new heights last week in terms of what and how much supply it will take, when AbbVie, the pharmaceutical spin-off from Abbot Laboratories, priced the biggest ever deal at US$14.7bn.

Abbott pharma spinoff completes record $14.7 billion debt sale

Nov 05 2012

NEW YORK, Nov 5 (IFR) - Abbott's new pharmaceuticals business AbbVie Inc completed the biggest ever dollar-denominated debt issue in the US high-grade market on Monday, raising $14.7 billion in a six-part deal.

Abbott pharma spinoff completes record $14.7bn debt sale

Nov 05 2012

NEW YORK, Nov 5 (IFR) - Abbott's new pharmaceuticals business AbbVie Inc completed the biggest ever dollar-denominated debt issue in the US high-grade market on Monday, raising $14.7 billion in a six-part deal.

AbbVie brings biggest-ever USD debt issue to high-grade market

Nov 05 2012

Nov 5 (IFR) - AbbVie Inc has launched the biggest ever dollar-denominated debt issue in the US high-grade market, raising $14.7 billion in a six-part deal that will price later on Monday.

Nippon Life debuts in Yankee market with $2bn hybrid

Oct 11 2012

NEW YORK, Oct 11 (IFR) - Nippon Life Insurance debuted in the US dollar market on Thursday with a US$2bn hybrid bond, the first capital security it has issued in the Yankee market and one whose success could prompt other Japanese insurers to follow suit.

Germany's NordLB jumps into US covered bond market

Oct 11 2012

Oct 11 (IFR) - Norddeutsche Landesbank-Girozentrale became the first German issuer to tap the US covered bond market since 2006 on Wednesday when it priced a $1bn three-year deal at 50bp over mid-swaps.

World News