Corporate Directors Forum Names NuVasive(R) Board Member as Director of the Year
Abe is likely to announce on Oct. 1 whether to go ahead with the first round of a planned two-stage increase in the consumption tax to 10 percent in October 2015 aimed at raising money needed to cover swelling social security costs for Japan’s aging population. A 5 trillion yen stimulus package to prevent the tax hike from hurting the economy is also expected to be unveiled the same day. ==Kyodo Copyright 2013 Kyodo News International. All rights reserved.
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Forward Calendar – U.S. corporate bond new issues
I am truly honored and wish to thank all of my colleagues for their support.” Jack Blair has been a member of the NuVasive board of directors since August 2001. Throughout his career, Blair has served in various capacities with Smith & Nephew, PLC, and Richards Medical Company. Most recently he was Group President of Smith & Nephew’s North and South American and Japanese operations. Until November 2007, Blair served as Chairman of the board of directors of DJO Inc., an orthopaedic company. Blair holds a Bachelor of Arts Degree in Government from Miami University and a Master of Business Administration from the University of California, Los Angeles. Alex Lukianov, NuVasive Chairman and Chief Executive Officer, said, “Jack Blair has been instrumental in guiding NuVasive in our mission to change spine surgery since he was named to the board of directors in 2001.
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new issues team, and other market sources: *Denotes 144a private placement debt offering. HIGH-GRADE BOND SALES EXPECTED FOR THE WEEK OF 9/16/2013 COMPANY AMT MAT/DEBT RTGS MGRS PRICED AvalonBay $400 mln 7-yr Baa1/BBB+/NA DB/MS 9/16 BB&T $750 mln 5-yr A1/A/A+ BBT/DB/WFS 9/19 *BNDES $1.25 bln 3-yr Baa2/BBB/NA DB/ITAU/JPM 9/19 *BNDES $1.25 bln 10-yr Baa2/BBB/NA DB/ITAU/JPM 9/19 CBA $2.0 blln 3-yr frn Aa2/AA-/AA CITI/JPM/MS 9/16 CBA $1.0 bln 5-yr Aa2/AA-/AA CITI/JPM/MS 9/16 Citigroup $1.75 bln 5-yr Baa2/A-/A CITI 9/19 Cummins Inc $500 mln 10-yr A3/A/A BAML/GS/JPM 9/19 Cummins Inc $500 mln 30-yr A3/A/A BAML/GS/JPM 9/19 *Eurasian Dev Bnk $500 mln 7-yr A3/BBB/NA BNP/DB/HSBC/JPM 9/19 HSBC USA $250 mln 5-yr frn A2/A+/AA- HSBC 9/17 HSBC USA $750 mln 5-yr A2/A+/AA- HSBC 9/17 ING Bank $2.0 bln 10-yr Baa2/BBB+/A- BARC/CITI/DB/ING 9/16 *Nissan Mtr Accpt $700 mln 3-yr frn A3/BBB+/NA BAML/CITI/BARC/HSBC 9/19 *Nissan Mtr Accpt $300 mln 5-yr A3/BBB+/NA BAML/CITI/BARC/HSBC 9/19 PECO Energy $300 mln 3-yr A1/A-/A BAML/CS/WFS 9/16 PECO Energy $250 mln 30-yr A1/A-/A BAML/CS/WFS 9/16 Pemex $750 mln 10-yr Aaa/AA+/AAA BNPP/CA-CIB 9/19 Re Group of Amer $400 mln 10-yr Baa1/A-/NA BAML/JPM/UBS 9/19 *Reckitt Benckisr $500 mln 5-yr A1/A/NA BAML/CITI/HSBC/JPM 9/16 *Reckitt Benckisr $500 mln 10-yr A1/A/NA BAML/CITI/HSBC/JPM 9/16 Reinsurance Group $400 mln 10-yr Baa1/A-/NA BAML/JPM/UBS 9/19 Spectra Energy $500 mln 5-yr Baa3/BBB/BBB BAML/JPM/MS/RBC 9/16 Spectra Energy $1.0 bln 10.5-yr Baa3/BBB/BBB BAML/JPM/MS/RBC 9/16 Spectra Energy $400 mln 30-yr Baa3/BBB/BBB BAML/JPM/MS/RBC 9/16 Svenska Handelsbk $1.0 bln 3-yr frn Aa3/AA-/A- BAML/CS/GS/MS 9/19 Svenska Handelsbk $1.5 bln 5-yr Aa3/AA-/A- BAML/CS/GS/MS 9/19 Toyota Motor Cred $350 mln 2-yr frn Aa3/AA-/NA CITI/CABERA/CASTLEOAK/ DREXEL/SIEBERT/TOUSS 9/17 TTX Co $250 mln 10-yr Baa1/A+/NA CITI/WFS 9/19 UDR Inc $300 mln 7-yr Baa2/BBB/NA JPM/MS Union Bank $500 mln 3-yr frn A2/A+/A BARC/MS 9/19 Union Bank $500 mln 3-yr A2/A+/A BARC/MS 9/19 Union Bank $1.0 bln 5-yr A2/A+/A BARC/MS 9/19 ——————————————————————————— SPLIT-RATED BOND SALES EXPECTED FOR THE WEEK OF 9/16/2013 COMPANY AMT MAT/DEBT RTGS MGRS PRICED Enel SpA $1.25 bln 60-yr Ba1/BB+/BBB- JPM/BAML/BARC/CITI/ 9/17 CS/GS/MS/MUS/MIZ SLM Corp $1.25 bln 5-yr Ba1/BBB-/BB+ BAML/DB/JPM 9/17 ——————————————————————————— HIGH-YIELD BOND SALES EXPECTED FOR THE WEEK OF 9/16/2013 COMPANY AMT MAT/DEBT RTGS MGRS PRICED *Air Canada $400 mln 6.5-yr B2/B+/BB TD/CITI/CS/JPM/MS 9/19 *Air Canada $300 mln 6-yr B2/B+/BB TD/CITI/CS/JPM/MS 9/19 *American Capital $350 mln 5-yr B3/B+/NA JPM/BAML/BMO/CITI/CS/GS/UBS 9/17 *Beazer Homes Inc $200 mln 8-yr Caa2/NA/NA GS/CS/DB/UBS *BI-LO Holding $400 mln 5-yr NA/NA/NA DB/CITI 9/17 Borets Int’l $420 mln 5-yr B1/BB/NR DB/MS/SBER 9/19 CPG International $315 mln 8-yr Caa2/CCC+/NA JPM/BARC/DB/CITI/RBS/UBS *The GEO Group $250 mln 8.3-yr NA/B+/NA WFS/STRH/BAML/BARC/JPM/BNPP 9/19 *Hercules Offshr $300 mln 8-yr B3/B/NA DB/UBS/GS/COSC 9/17 *Hilton Worldwide $1.5 bln 8-yr B3/B/NA BAML/DB/GS/MS/JPM/WFS *Hub Int’l $950 mln 8-yr Caa2/CCC+/NA BAML/MS/RBC/MACQUARIE 9/17 BMO/UBS *Nexstar Broad. $275 mln 7-yr NA/NA/NA CS/BAML/RBC/WFS 9/17 *Nielsen Co $500 mln 8-yr B2/BB/NA JPM/CITI/GS/WFS *PRA Holdings $375 mln 10-yr Caa1/CCC+/NA CS/JEFF/UBS/KKR/CITI 9/18 *Prospect Hldg Co $150 mln 5-yr B2/B+/NA CS/BAML 9/18 *Seadrill Ltd $500 mln 7-yr NA/NA/NA DB *Sirius XM Radio $650 mln 7-yr B1/BB/NA JPM/DB/MS/BAML/BARC/CITI/RBC 9/19 *Springleaf Fin $150 mln 8-yr Caa1/CCC+/NA BAML/CITI/CS 9/17 *Springleaf Fin $150 mln 10-yr Caa1/CCC+/NA BAML/CITI/CS 9/17 *Walter Energy $450 mln 6-yr NA/NA/NA MS/BMO/BARC/CITI/CA/GS JPM/SCOTIA ——————————————————————————— PREVIOUS HIGH-GRADE SALES COMPANY AMT MAT/DEBT RTGS MGRS PRICED *Caisse D’Amort. $2.75 bln 3-yr Aa1/-/AA+ BARC/BNP/HSBC/JPM 9/10 Citigroup $1.42 bln 12-yr Baa3/BBB+/BBB+ CITI/ANZ/BNY/CA/RBC/ SCOT/SG/TD/USB 9/10 Citigroup $1.0 bln 30-yr Baa3/BBB+/BBB+ CITI/ANZ/BNY/CA/RBC/ SCOT/SG/TD/USB 9/10 Corp Office Prop $250 mln 10.5-yr Baa3/BBB-/BBB- BARC/CITI/WFS 9/9 *Credit Agricole $1.0 bln 20-yr NA/BBB-/BBB- CA/CITI/DB/GS/HSBC/UBS 9/12 *Dayton Pwr/Light $445 mln 3-yr fmb Baa1/BBB-/BBB BAML/MS 9/12 Ecopetrol SA $350 mln 5-yr Baa2/BBB/BBB- BAML/MS 9/11 Ecopetrol SA $1.3 bln 10-yr Baa2/BBB/BBB- BAML/MS 9/11 Ecopetrol SA $850 mln 30-yr Baa2/BBB/BBB- BAML/MS 9/11 Engy Transfer Ptr $700 mln 7-yr Baa3/BBB-/BBB- CS/JPM 9/12 Engy Transfer Ptr $350 mln 10.5-yr Baa3/BBB-/BBB- CS/JPM 9/12 Engy Transfer Ptr $450 mln 30-yr Baa3/BBB-/BBB- CS/JPM 9/12 FMS Wertmanage. $1.5 bln 3-yr Aaa/AAA/AAA BARC/BNP/GS/MS 9/11 *Global Bank $100 mln 4-yr Baa3/BBB/NA BAML/DB 9/13 Int’l Game Tech $500 mln 10-yr Baa2/BBB/NA BAML/JPM/RBS 9/12 KDB $750 mln 5.5-yr Aa3/AA-/NA CITI/CS/DB/KDB/MIZ/SCB 9/10 KEXIM $500 mln 3-yr frn Aa3/A+/AA- BAML/CITI/DB/GS/HSBC/MIZ 9/12 KEXIM $500 mln 5-yr Aa3/A+/AA- BAML/CITI/DB/GS/HSBC/MIZ 9/12 KFW $3.0 bln 7-yr Aaa/AAA/AAA DB/GS/MS 9/10 *Kommunivest $1.0 bln 2-yr Aaa/AAA/NA CITI/HSBC/NOM 9/10 MidAmerican Engy $350 mln 5.5-yr Aa3/A/A+ BARC/JPM/RBS 9/12 MidAmerican Engy $250 mln 10-yr Aa3/A/A+ BARC/JPM/RBS 9/12 MidAmerican Engy $350 mln 30-yr Aa3/A/A+ BARC/JPM/RBS 9/12 ONEOK Partners $425 mln 5-yr Baa2/BBB/NA BAML/DB/RBS 9/9 ONEOK Partners $425 mln 10-yr Baa2/BBB/NA BAML/DB/RBS 9/9 ONEOK Partners $400 mln 30-yr Baa2/BBB/NA BAML/DB/RBS 9/9 Pemex $400mln 10.5-yr Aaa/AA+/AAA BNP/CA 9/10 *PTT Exploration $500 mln 5-yr Baa1/BBB+/NA GS/HSBC/SCB/UBS 9/9 Public Svc Elec $350 mln 5-yr A1/A/A+ CS/JPM/RBS 9/9 Public Svc Elec $250 mln 10.5-yr A1/A/A+ CS/JPM/RBS 9/9 Reynolds American $550 mln 10-yr Baa2/BBB-/NA CITI/GS/JPM 9/12 Reynolds American $550 mln 30-yr Baa2/BBB-/NA CITI/GS/JPM 9/12 *Sumitomo Life $1.0 bln 60-yr Baa1/BBB+/NA BAML/JPM 9/12 *Sumitomo Mitsui $500 mln 3-yr frn A/A+/NA CITI/GS/JPM/DAIWA 9/9 *Sumitomo Mitsui $500 mln 5-yr A/A+/NA CITI/GS/JPM/DAIWA 9/9 Verizon Commun. $2.25 bln 3-yr frn Baa1/BBB+/A- BAML/BARCLAYS/JPM/MS 9/11 Verizon Commun.
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