The US investment-grade bond market is building on yesterday's momentum, with at least 17 offerings expect to price on Wednesday.
Some of today's deals could be on the larger side. Technology giant Meta Platforms is bringing a five-part bond offering, returning to the market from its last issue in May 2023.
Captive financing entities will contribute to today's supply tally, too. Volkswagen and BMW are both pricing bond offerings.
D.R. Horton is bringing a rare deal from a homebuilder. Meanwhile, offerings from Coca-Cola and Unilever will give investors a bite of the consumer goods sector.
On top of yesterday's utility deals, Tucson Electric Power and Idaho Power are selling bonds.
Today's issuers also include GE HealthCare Technologies, REIT Extra Space Storage, car parts distributor Genuine Parts, car parts supplier BorgWarner, hospitality company Host Hotels & Resorts, paint maker Sherwin-Williams, infrastructure contractor Quanta Services, hospital operator HCA Healthcare and manufacturer IDEX.
Updated story: Further details added