For the month of February, Mischler Financial Group’s primary debt capital markets team was operating in ‘full speed ahead’ mode. The nation’s oldest veteran-owned and operated broker-dealer (SDVOBE and MBE certified) was called upon by (9) Fortune companies across six different industries to serve as a complement to their respective lead IBs, and to perform a co-manager role for $17.75bil in new debt offerings (aggregate notional value).
Defense industry leaders Raytheon Technologies (NYSE:RTX) and Northrop Grumman (NYSE:NOC) accounted for $5bil in new placements; financial sector firms Mizuho Financial Group (NYSE:MFG), American Express (NYSE:AXP), and Deutsche Bank (NYSE:DB) offerings totaled $5.6bil, utility leaders NextEra (NYSE:NEE) and PPL Corp, (NYSE:NYSE:PPL) represented a total of $4.9bil in new debt issuance, while entertainment giant Comcast ( NASDAQ:CMCSA) and industrial icon Waste Management Corp. (NYSE:WM) invited Mischler to serve as co-manager for their respective $1bil and $1.25bil IG corporate bond offerings.
