(*Created in June 2025 - Augusta SpinCo is a wholly owned subsidiary of Becton, Dickinson and Company (BD) to facilitate the spin-off and merger of BD’s Biosciences and Diagnostic Solutions businesses with Waters Corporation)
Expected this week:
03/17 $4B Electronic Arts 7Y term-loan B (TLB) SOFR+350a investor calls, issuance includes 1.531B Euro debt
03/18 $500M Infinity Natural Resources 5NC2
GLOBAL: Trump Says Ahead of Schedule on Iran
Mar-17 17:47
Initial headlines filtering through as President Trump participates in the Friends of Ireland Luncheon:
"*TRUMP: WAR IS PROCEEDING STRONGLY"
"*TRUMP: WE'VE HAD A BIG DAY TODAY, KNOCKING OUT TARGETS"
"*TRUMP ON IRAN: MOVING ALONG FAST, WAY AHEAD OF SCHEDULE"
"*TRUMP ON IRAN: A COUPLE WEEKS, NOT MUCH LONGER, WE'RE WAY AHEAD"
"*TRUMP, TO IRELAND'S MARTIN: WE HAVE A GREAT RELATIONSHIP" (BBG)
US TSY OPTIONS: Apr'26 10Y Ratio Put Spread
Mar-17 17:35
-8,000 TYJ6 106.25/108 2x1 put spds, 0.0 net ref 112-02