Quigley’s Corner 11.06.19  Mischler Earns Co-Manager Role on Synchrony $25 Preferred Deal

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 Financial, our nation’s oldest Service Disabled Veteran broker-dealer was named a Co-Manager on today’s $750mm Synchrony Financial (BB-/B) $25 par fixed-rate non-cumulative PerpNC5 Preferred, Series “A” transaction. We thank the folks at SYF Treasury/Funding for the opportunity to demonstrate Mischler’s distribution capabilities.  Also, a tip of the cap to Captain Morgan for another successful Preferred transaction.


Above is extracted from IG Corporate Primary & Secondary Talking Points section of Wednesday, November 06, 2019  edition of Quigley’s Corner aka “QC”  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.