Corporate debt issuers coming off the sidelines with the FOMC and April employment in the rearview. Still some remain sidelined ahead earnings annc. Total May issuance estimated at $150B ($168.22 last year).

• Date $MM Issuer (Priced *, Launch #)
• 5/6 $1.5B Block Inc 8NC3
• 5/6 $500M Hilcorp Energy 10NC5
• 5/6 $Benchmark ICE 7Y +105a
• 5/6 $Benchmark Arese Capital +5Y +195a
• 5/6 $Benchmark Southern California Edison 7Y +125a
• 5/6 $Benchmark Commonwealth Edison 10Y +110a, 30Y +130a
• 5/6 $Benchmark Athene Global Funding 2Y fix/SOFR, 5Y tap
• 5/6 $Benchmark Coca-Cola 10Y +80a, 30Y +95a, 40Y +105a
• 5/6 $Benchmark Dominion 30.75NC5.5 7.375%a, 30NC9.75 7.5%a
• 5/6 $Benchmark Ingersoll Rand investor calls