Some Large Corporate Deals This Day

May 31st, 2016 2:37 pm | by John Jansen |

Via Bloomberg:

BFW 05/31 18:14 *LAUNCH: PFIZER $5B DEBT OFFERING IN FIVE PARTS

LAUNCH: Pfizer $5b Debt Offering in Five Parts
2016-05-31 18:17:09.388 GMT

By Pham-Duy Nguyen
(Bloomberg) — Total size $5b.

* Launch/Guid/IPT:
* $1.25b 2Y +35; +40A; +40-45
* $850m 3Y +45; +50A; +50A
* $1.15b 5Y +60; +65A
* $1.25b 10Y +90; +95A; +105A
* $500m 30Y Tap +115; +120A; +130A
* Guidance area +/-5
* Issuer: Pfizer Inc (PFE)
* Expected Issue Ratings: A1/AA/A+ (Negative/Stable/Stable)
* Maturity: June 1, 2018 (2Y); June 3, 2019 (3Y); June 3, 2021
(5Y); June 3, 2026 (10Y); May 15, 2044 (30Y Tap)
* Format: SEC Registered
* Type: Senior Unsecured Notes
* Optional Redemption: Make Whole Calls
* UOP: GCP, including to repay a portion of the co.’s
outstanding commercial paper
* Settlement: T+3 (6/3/2016)
* Bookrunners: Barclays, GS, JPM, MS
* Information from person familiar with the matter, who is not
authorized to speak publicly and asked not to be identified

And this one:
LAUNCH: JPMorgan $4b Debt Offering in Three Parts
2016-05-31 17:50:57.20 GMT

By Rizal Tupaz
(Bloomberg) — Total size $4b.

* Launch/Guidance/IPT
* $1.5b 5Y Fixed: +107; +110A; +110A
* $750m 5Y FRN: 3mL +110; 3mL Equiv; 3mL Equiv
* $1.75b 10Y: +137; +140A; +140A
* Guidance area +/-3
* Issuer J.P. Morgan Chase & Co
* Type: SEC Registered Shelf
* Maturity: 6/7/21 for 5Y Fixed/FRN; 6/15/26 for 10Y
* Expected Settle: 6/7/16
* UOP: GCP
* Bookrunner: JPM
* Information from person familiar with the matter, who is not
authorized to speak publicly and asked not to be identified

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