EU HEALTHCARE: NOVO NORDISK EXP. €3.5B SIX-PART

Nov-13 12:31

• 2yr FRN exp €500m3mE+45; Guidance €500-600m 3mE+20#

• Guidance: €500-600m 3.25yr ms+35a (+/-2) ;Books 2.3bn+
• 3.25yr €Bmk ms+65-70; FV ms+41

• Guidance: €600-650m 6.25yr ms+60a (+/-5) ;Books 2.7bn+
• 6.25yr €Bmk ms+90-95; FV ms+62

• Guidance: €600-650m 9.25yr ms+80a (+/-5) ;Books 2.6bn+
• 9.25yr €Bmk ms+110-115; FV ms+80

• Guidance: €600-750m 12.25yr ms+95a (+/-5) ;Books 2.6bn+
• 12.25yr €Bmk ms+125a; FV ms+93

• Guidance: €600-750m 20yr ms+115a (+/-2) ;Books 3.1bn+
• 20yr €Bmk ms+150-155; FV ms+120

Historical bullets

PIPELINE: Corporate Bound Roundup: Goldman Sachs 5Pt on Tap

Oct-14 12:31

Expect to see more issuance from banks as they kick off the latest earnings cycle. Aside from Goldman Sachs, Wells Fargo, JPMorgan and Citigroup have announced this morning.

  • Date $MM Issuer (Priced *, Launch #)
  • 10/14 $Benchmark Goldman Sachs 5pt
  • 10/14 $Benchmark KEB Hana Bank 3Y SOFR+95a, 5Y  +80a
  • 10/14 $3.2B Terawulf 5NC2 investor calls

MNI: CANADIAN AUG BUILDING PERMITS -1.2% MOM

Oct-14 12:30
  • MNI: CANADIAN AUG BUILDING PERMITS -1.2% MOM
  • CANADA RESIDENTIAL BUILDING PERMITS -2.4% MOM; NON-RESIDENTIAL +0.8% MOM

EGB OPTIONS: Schatz Call Spread

Oct-14 12:23

DUX5 107.30/107.60cs, bought for 2.25 in 2k.