Investing
Tens of Billions in New Corporate Debt Offerings at Astonishingly Low Rates
September 6, 2019 1:05 pm
Last Updated: January 30, 2020 4:31 pm
British American Tobacco PLC (NYSE: BTI) sold $3.5 billion worth of notes for its BAT Capital subsidiary, as follows:
Coca-Cola Co. (NYSE: KO) issued two series of notes with a $2 billion tally:
CSX Corp. (NYSE: CSX) issued $1 billion in new debt, as follows:
Deere & Co. (NYSE: DE) issued $500 million worth of 2.875% notes due in 2049.
Danaher Corp. (NYSE: DHR) sold nearly €6.2 billion worth of notes for its European subsidiary D.H. Europe Finance, as follows:
KeyCorp. (NYSE: KEY) sold $750 million worth of senior medium-term notes with a 2.55% coupon due October 1, 2029.
Murphy Oil USA Inc. (NYSE: MUR) sold $500 million worth of 4.750% senior notes due in 2029.
Newmont Goldcorp Corp. (NYSE: NEM) sold $700 million worth of 2.800% senior notes due 2029 to repay upcoming debt maturing, and these even have a make-whole call provision.
Phillips 66 Partners L.P. (NYSE: PSXP) sold $900 million worth of senior notes, as follows:
Unilever Group N.V. (NYSE: UL) sold more than $1.3 billion in senior notes for its Unilever Capital subsidiary, as follows:
Unum Group (NYSE: UNM) issued $450 million in 4.500% senior notes due 2049.
Walt Disney Co. (NYSE: DIS) issued $7 billion worth of new debt:
Willis Towers Watson PLC (NASDAQ: WLTW), via Willis North America, sold $1 billion in senior notes, as follows:
Additional filings seen during the week but without formal pricing were as follows:
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