RENEWABLES: German Wind Output Forecast Comparison

Update: UAE Issues Potential Missile Threat – Situation Safe

They state “the situation is currently safe after potential threat alert” according to Bloomberg.

• The UAE issued an alert for a potential missile threat, the first in several weeks, according to Bloomberg.
• The alert was sent to residents via mobile phones. 

• "*BESSENT: US IS OPENING UP THE HORMUZ STRAIT
• *BESSENT: PROJECT FREEDOM WASN'T DONE IN COORDINATION WITH IRAN
• *BESSENT: IF IRANIANS WANT TO ESCALATE, WE ARE WILLING TO DO SO
• *BESSENT: GOOD TIME FOR US PARTNERS TO STEP UP, PRESSURE IRAN" - bbg

Bessent possibly being asked on Iran's involvement as Trump had phrased it as "This is a Humanitarian gesture on behalf of the United States, Middle Eastern Countries but, in particular, the Country of Iran" in his Truth Social post on Sunday. 

• Date $MM Issuer (Priced *, Launch #)
  • 05/04 $800M Delek Logistics 8NC3
  • 05/04 $500M Academy 5NC2
  • 05/04 $500M Broadridge WNG 10Y +165a
  • 05/04 $500M So-Cal Edison WNG 5Y +120a
  • 05/04 $Benchmark ADP 10Y +90a
  • 05/04 $Benchmark Otis Worldwide 3Y +75a
  • 05/04 $Benchmark Ares Capital +3Y +200a
  • 05/04 $Benchmark Constellation Brands 5Y +105a
  • 05/04 $Benchmark Las Vegas Sands 5Y +155a, 7Y +170a
  • 05/04 $Benchmark Morgan Stanley, 4NC3, 4NC3 SOFR
• 05/01 No new US$ corporate issuance Friday, $67.44B total priced on week led by $25B Meta 6pt