US$ Corporate Supply Pipeline

• Date $MM Issuer (Priced *, Launch #)
• 6/14 No new US$ corporate issuance Friday, $5.8B total on the week
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• $3.2B Priced Thursday
• 6/13 $2.5B *GM Financial $1.1B 3Y +90, $400M 3Y SOFR+105, $1B 7Y +140
• 6/13 $700M *Penske Trucking 5Y +105
• 6/12 No new US$ issuance Wednesday due to FOMC
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• $1B Priced Tuesday, $2.6B total/wk
• 6/11 $1B *ADB 4Y SOFR+30
• $1.6B Priced Monday
• 6/10 $1B *ArcelorMittal $500M 10Y +155, $500M 30Y +180
• 6/10 $600M *Take-Two $300M 5Y +95, $300M 10Y +115
• 6/7 No new issuance Friday, $43.55B total on week
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• $7.4B Priced Thursday
• 6/6 $2.7B *John Deere $700M 3Y +45, $350M 3Y SOFR+60, $850M 5Y +60, $800M 10Y +80
• 6/6 $3.5B *Energy Transfer $1B 5Y +100, $1.25B 10Y +135, $1.25B 30Y +165
• 6/6 $500M *Harley Davidson 5Y +170
• 6/6 $700M *Applied Materials 5Y +55
• $10.45B priced Wednesday
• 6/5 $2.5B *Health Care Service Corp $750M 5Y +90, $750M 10Y +120, $1B 30Y +145
• 6/5 $1.6B* Acrisure $1.1B 6.5NC2 7.5%, $500M 5NC2 8.5% (*downsized from $1.875B)
• 6/5 $1.5B *Duke Energy $750M 10Y +118, $750M 30Y +140
• 6/5 $1.5B *Serbia 10Y +200
• 6/5 $1.2B *NextEra Energy 30NC10 6.75%
• 6/5 $600M *F&G Global Funding 3Y +137.5 (3Y SOFR leg dropped)
• 6/5 $550M *MasTech 5Y +160
• 6/5 $500M *Medline Borrowers 6.25% 2029 tap (downsized from $1B)
• 6/5 $500M *FMO (Nederlandse Financierings-Maatschappij) WNG 5Y +38
• $14.75B Priced Tuesday
• 6/4 $4B *IDA 5Y SOFR+37
• 6/4 $2.5B *Citigroup 11NC10 +112.5
• 6/4 $2B *Provence of British Colombia 10Y SOFR+79
• 6/4 $1.25B *Kommunalbanken 2027 SOFR+32
• 6/4 $1B *Council of Europe Development Bank 3Y SOFR+24
• 6/4 $1B *Metropolitan Life $650M 3Y +55, $350M 3Y SOFR+70
• 6/4 $800M *Puget Sound WNG $400M 10Y +100, $400M 30Y +120
• 6/4 $600M *Becton Dickinson WNG 5Y +75
• 6/4 $600M *Brown & Brown 10Y +135
• 6/4 $500M *Suntory Holdings 5Y +77
• 6/4 $500M *Trane Technologies WNG 10Y +82
• 6/4 $Benchmark Serbia 10Y investor calls
• 6/4 $Benchmark Harley Davidson investor calls
• $10.95B Priced Monday
• 6/3 $2.5B *National Australia Bank (NAB) $900M 3Y +47, $850M 3Y SOFR+62, $750M 10Y +78
• 6/3 $1.5B *Royalty Pharma $500M 5Y +100, $500M 10Y +127, $500M 30Y +152
• 6/3 $1.3B *Burlington Northern Sante Fe 30Y +98
• 6/3 $800M *Hyatt $450M 5Y +95, $350M 10Y +125
• 6/3 $800M *Baltimore Gas WNG $400M 10Y +93, $400M 30Y +110
• 6/3 $750M *Regions Financial 6NC5 +130
• 6/3 $600M *GATX $200M 10Y +130, $400M 30Y +150
• 6/3 $600M *Southwestern Public Service 30Y +150
• 6/3 $550M *Brighthouse $150M 2027 tap +100, $400M 5Y +125
• 6/3 $550M *NY Life 5Y +62.5 (SOFR leg dropped)
• 6/3 $500M *BGC Group Inc 5Y +220
• 6/3 $500M *Metlife 10Y +95
• 6/3 $Benchmark Nomura 5Y SOFR+39a
• 6/3 ** Reverse Yankee issuance expected: E500 Philip Morris Int +6Y +135a

5/31 No new US$ corporate bond issuance Friday, $26.85B total/wk, $160.85B for month -- just over $159.33B total for April, but well off $254.2B total for February and $295.35B total for January (highest since April 2020).