Quigley’s Corner 10.29.19 Mischler Earns Roles on Four Debt Market Deals Raising $10billion
Below is excerpted from the IG Corporate Primary and Secondary Market Talking Points section of today’s edition of Quigley’s Corner, authored and published by Ron Quigley, Mischler Financial Group Managing Director & Head of Fixed Income Syndicate.
Mischler, the small and humble and oldest Service Disabled Veteran broker-dealer earned a total of three (3)Co-Manager roles today, along with and a Selling Group roll. They were as follows:
- A fabulous Active Jr. Co-Manager Role on Comcast Corp (NASDAQ:CMCA). $4.75b three-part 10-0, 20- and 30-year Senior Notes new issue
- A Passive Co-Manager role for Eli Lilly and Company’s (NYSE: LLY) €1.6b two-part 12- and 30-year SEC-registered Notes transaction
- A very active Selling Group Role for Ford Motor Credit Company LLC’s $1.5b SEC-registered 5-year Senior Notes
- A highly active role for State Street Corp’s. $1.5b two-part 6nc5 F-t-F Senior Unsecured notes and 15nc 10 F-t-F Subordinated Notes
Above is extract from IG Corporate Primary & Secondary Talking Points section of Quigley’s Corner aka “QC” Tuesday, October 29, 2019 edition distributed via email to institutional investment managers, lead underwriter syndicate desks and Fortune Treasury clients of Mischler Financial Group, the investment industry’s oldest diversity-certified broker-dealer owned and operated by Service-Disabled Veterans.
The QC is a daily synopsis of everything Syndicate and Secondary as seen from the perch of Mischler’s primary debt capital markets desk. Commentary includes a comprehensive “deep dive” with optics on the day’s investment-grade corporate debt new issuance and secondary market data encompassing among other items, comparables, investment-grade credit spreads, new issue activity, secondary market most active issues, and upcoming deal pipeline.To receive Quigley’s Corner, please email: rquigley@mischlerfinancial.com or via phone 203.276.6646
*Sources: Bank of America/Merrill Lynch, Bloomberg, Bond Radar, Dow Jones Newswire, IFR, Informa Global Markets, Internal Mischler, ITC Markets, Market News International, Prospect News, Stone & McCarthy Research, Refinitiv, Thomson Reuters and of course, a career of sources, contacts, movers and shakers from syndicate desks to accounts; from issuers to originators; from academicians to heads of research, and a host of financial journalists, et al.
