December 8, 2017 |
IEnova debuted in the cross-border space on Thursday, raising $840m across 10- and 30-year paper, DCM sources confirmed.
Bank of America Merrill Lynch, Citi and Scotiabank started initial price talk on Wednesday in the high 100bp area over US Treasuries on the 10-year note and the high 200bp area on the longer-dated bond.
Leads tightened yields at guidance yesterday to 160bp, plus or minus 5bp, on the shorter-dated security and to 5.125% on the 2047 bond. The 10-year launched at 155bp while the
Mexican gas distributor gains more than $5bn in orders before launching $840m 10-, 30-year offering