Core Viewpoint - Morgan Stanley is planning to raise approximately $7.5 billion in investment-grade bonds, marking the third major bond issuance by a Wall Street firm this week following the release of third-quarter earnings [1]. Group 1: Bond Offering Details - The bond offering consists of four parts, with the longest note being an 11-year bond that may yield 0.9 percentage points above Treasuries, which is a quarter-point lower than the initial price guidance [2]. - Proceeds from the bond sale will be utilized for general corporate purposes [2]. - A six-year floating-rate note that was initially part of the offering was dropped during syndication, similar to a floating tranche that was scrapped in a previous bond sale in April [3]. Group 2: Market Context - The pending bond sale by Morgan Stanley follows a $10 billion bond offering from Goldman Sachs and a $5 billion deal from JPMorgan Chase, occurring after the six largest US banks reported generally strong third-quarter results [4]. - The average yield on US investment-grade bonds has decreased to a one-year low of 4.69%, with spreads remaining near historic lows below 0.8 percentage points, making funding costs attractive for higher-rated borrowers [5]. - Notably, Fridays typically see low activity in high-grade note sales, with only 1% of this year's supply being issued on that day, making Morgan Stanley's deal the only one in the market on that Friday [5].

Group 1 - Heimar hf. will conduct a bond offering on June 13, 2025, for the HEIMAR50 GB series [1] - HEIMAR50 GB is a green, inflation-linked bond series with a maturity date of August 20, 2050, and a nominal interest rate of 2.477% [2] - The bond's principal repayments will follow a 30-year annuity schedule, with interest and principal payments made quarterly [2] Group 2 - The bond offering will be conducted as a Dutch auction, with settlement scheduled for June 24, 2025 [3] - The offering is exempt from the requirement to publish a prospectus under EU Regulation 2017/1129 [4] - Íslandsbanki Securities is managing the issuance and sale of the bonds, as well as their admission to trading on Nasdaq Iceland [4]

Group 1 - The public bond offering by UAB Atsinaujinančios energetikos investicijos (AEI) is nearing its conclusion [1] - The issue size is up to 100 million EUR, with the first tranche being up to 65 million EUR [2] - The interest rate for the bonds is set at 8% [2] Group 2 - The minimum investment amount required is 100,000 EUR [2] - The term of the bonds is 2.5 years [2] - Investment and switch orders can be submitted until 11 June, 3:30 PM, while tender offers can be submitted until 12 June, 3:30 PM [2]

Group 1 - UAB "Kvartalas" aimed to raise 5 million euros during the offering of the third tranche of bonds to finance the development of the "Sąvaržėlė" business centre in Vilnius, with the offering period shortened due to high demand, reaching 11.5 million euros in demand within three days [1][2] - The total nominal value of bonds issued in the third tranche was increased from 5 million euros to 10,131,700 euros, with a total of 30,131,700 euros in bonds issued across all tranches [2] - The bonds were publicly offered to retail and institutional investors in the Baltic States, with 181 investors participating, including 153 from Lithuania, 16 from Estonia, and 12 from Latvia [3] Group 2 - The nominal value of one bond is 100 euros, with a fixed annual interest of 8% paid every six months, and redemption scheduled for 19 December 2026, offered at a price corresponding to a 6.75% yield [4]

Core Viewpoint - Syensqo SA has successfully priced a €1.2 billion bond offering, which will be utilized for general corporate purposes and is expected to be listed on the Luxembourg Stock Exchange [1][2]. Group 1: Bond Offering Details - The bond offering consists of two tranches: €600 million of 3.375% bonds due in 2031 at an issue price of 99.674% and €600 million of 4% bonds due in 2035 at an issue price of 99.789% [8]. - The proceeds from the bond issuance will be directed towards general corporate purposes, enhancing the company's financial flexibility [1]. Group 2: Market Reception and Company Position - The bond issuance follows a successful USD 1.2 billion bond issuance in 2024, indicating strong demand from institutional investors and reflecting confidence in Syensqo's credit profile and growth strategy [2]. - The transaction marks a significant achievement for Syensqo, establishing the company as a notable issuer in the euro bond market and further strengthening its balanced financial profile [2]. Group 3: Company Overview - Syensqo is a science company focused on developing innovative solutions that improve various aspects of life, work, travel, and play, with a global team of over 13,000 associates [12]. - The company's innovations contribute to safer, cleaner, and more sustainable products across multiple sectors, including consumer goods, transportation, and healthcare [13].