Early 2026 has seen some large corporate issuance with Alphabet's $20B following Oracle's $25B over 8 tranches a week ago.
- Date $MM Issuer (Priced *, Launch #)
- 02/09 $20B #Alphabet $2.5B 3Y +27, $3B 5Y +43, $3B 7Y +53, $4.25B 10Y +63, $$1.5B 20Y +75, $4B 30Y +83, $1.75B 40Y +95
- 02/09 $3.8B #Thermo Fisher $1B 5Y +47, $750M +7Y +62, $1.3B 10Y +70, $750M 20Y +75
- 02/09 $1.575B TKC Holdings $1B 4.5NC1.5, $575M 5NC2
- 02/09 $1B TransDigm 8NC3
- 02/09 $Benchmark Bank of England 3Y SOFR+27.5a
- 02/09 $Benchmark Brazil 10Y 6.4%, 2056 tap 7.3%