The U.S. corporate bond calendar picks up this week, reports Action Economics.
Pfizer ( PFE ) has a potential 6-parter, all benchmark in size, to include 3-year fixed and/or fixed rate notes ( FRN ), a 5-year fixed and/or FRN, a 10-year, and a 30-year.
Prudential Financial ( PRU ) is selling $1 billion in 10- and 30-year paper.
GE Capital, the finance arm of General Electric ( GE ), is selling benchmark 3-year FRN and 10-year notes.
Continental Resources ( CLR ) has a benchmark 10- and 30-year offering.
Also: Barclays (BCS) announced a benchmark 10-year senior note. Florida Power and Light (FPL) is offering $500 million in 10-years. And there is a 5-year note deal from Tokyo Met.
Just over $21 billion in investment grade issues priced last week to bring the month's issuance to just over $25 billion, with the year-to-date total at $559 billion.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.