Whitehall: Monitoring The Markets Vol. 5 Iss. 49 (December 29, 2015)
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Volume 5, Issue 49 December 29, 2015 Whitehall UNITED STATES DEBT MARKET US Libor US Treasury Yield Curve Libor 1 month 3 month 6 month UST 2yr 3yr 5yr 7yr 10yr 30yr 12/29/15 42 bps 60 bps 83 bps 12/29/15 1.01% 1.25% 1.72% 1.92% 2.24% 2.96% 10 Year US Swap Rates 10 Year US Treasury Average 10 Y ear U S I ndustrial Yield Average 10 Year US Industrial S preads S&P/LSTA Leveraged Loan Index Average Junk-Bond Yield Source: Bloomberg This market letter is not to be construed as a recommendation to buy, hold or sell any particular security. 1.25% 1.75% 2.25% 2.75% 3.25% 12/29/15 2.24% 0 bps 10 bps 20 bps 30 bps 40 bps 50 bps 60 bps 70 bps 80 bps 90 bps 6 mth 3 mth 1 mth 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 30yr Avg 15yr Avg Today (12/29/15) 2 3 30 I I I 7 5 10 I I I 1.25% 1.75% 2.25% 2.75% 3.25% 12/29/15 2.17% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% A BBB 12/29/15 3.46% 3.99% 0 bps 25 bps 50 bps 75 bps 100 bps 125 bps 150 bps 175 bps 200 bps A BBB 12/29/15 122 bps 175 bps 90.00 91.00 92.00 93.00 94.00 95.00 96.00 97.00 98.00 12/29/15 91.20% 5.00% 5.50% 6.00% 6.50% 7.00% 7.50% 8.00% 8.50% 9.00% 9.50% 12/29/15 9.09% Copyright © 2015 Whitehall & Company, LLC 7 Times Square, 46th Floor, New York, NY 10036 Office: (212) 205-1380 Fax: (212) 205-1381 www.whitehallandcompany.com
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Transcript of Whitehall: Monitoring The Markets Vol. 5 Iss. 49 (December 29, 2015)
7/26/2019 Whitehall: Monitoring The Markets Vol. 5 Iss. 49 (December 29, 2015)
http://slidepdf.com/reader/full/whitehall-monitoring-the-markets-vol-5-iss-49-december-29-2015 1/2
Volume 5, Issue 49December 29, 2015 Whitehal
UNITED STATES DEBT MARKETUS Libor US Treasury Yield Curve
Libor 1 month 3 month 6 month UST 2yr 3yr 5yr 7yr 10yr 30yr
12/29/15 42 bps 60 bps 83 bps 12/29/15 1.01% 1.25% 1.72% 1.92% 2.24% 2.96%
10 Year US Swap Rates 10 Year US Treasury
Average 10 Year US Industrial Yield Average 10 Year US Industrial Spreads
S&P/LSTA Leveraged Loan Index Average Junk-Bond Yield
Source: Bloomberg
This market letter is not to be construed as a recommendation to buy, hold or sell any particular security.
1.25%
1.75%
2.25%
2.75%
3.25%
12/29/152.24%
0 bps
10 bps
20 bps
30 bps40 bps
50 bps
60 bps
70 bps
80 bps
90 bps
6 mth3 mth1 mth
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
30yr Avg15yr AvgToday (12/29/15)
2 3 30I II
75 10I II
1.25%
1.75%
2.25%
2.75%
3.25%
12/29/152.17%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
ABBB
12/29/153.46%3.99%
0 bps
25 bps
50 bps
75 bps
100 bps
125 bps
150 bps175 bps
200 bps
A
BBB
12/29/15122 bps175 bps
90.00
91.00
92.00
93.00
94.00
95.00
96.00
97.00
98.00
12/29/1591.20%
5.00%5.50%6.00%6.50%7.00%7.50%8.00%8.50%
9.00%9.50%
12/29/159.09%
Copyright © 2015 Whitehall & Company, LLC
7 Times Square, 46th Floor, New York, NY 10036
Office: (212) 205-1380 Fax: (212) 205-1381
www.whitehallandcompany.com
7/26/2019 Whitehall: Monitoring The Markets Vol. 5 Iss. 49 (December 29, 2015)
http://slidepdf.com/reader/full/whitehall-monitoring-the-markets-vol-5-iss-49-december-29-2015 2/2
Volume 5, Issue 49December 29, 2015 Whitehal
Date Issuer Type $mm Years Spread Coupon Rating Sector Country12/26 CHS Inc Sr Notes $152
$150
$58
$95
$100
$125
7
9
11
12
15
20
240bps
245bps
250bps
255bps
270bps
285bps
4.39%
4.58%
4.69%
4.74%
4.89%
5.40%
2 Consumer,
Non-Cyclical
US
Public and private market information is f rom sources that are deemed reliable, but information has not been confirmed.
Date Issuer Type $mm Years Spread Coupon Rating Sector Country12/21 Schlumberger Holdings Sr Unsecured $500 2 97bps 1.90% AA- / A2 Energy US
Corp $1,300 3 112bps 2.35%
$1,600 5 137bps 3.00%
$850 7 162bps 3.63%
$1,750 10 177bps 4.00%
Source: Bloomberg
Date Issuer Type $mm Years Spread Coupon Rating Sector Country
No select below investment grade issuances this week.Source: Bloomberg
Date Issuer Type $mm Months Spread Rating Sector Country12/21 Gas South LLC Rev $80 59 L+125bps N/A Utilities US
12/23 Hawkins Inc Term $100 60 L+113bps N/A Basic Materials US
Rev $65 60 L+113bps N/A
12/21 Khopoli Investments Ltd Term $305 32 L+126bps N/A Utilities India
12/21 PNM Resources Inc Term $150 11 L+85bps N/A Utilities US
12/23 Williams Partners LP Rev $850 36 L+125bps BBB / Baa2 Energy US
Source: Bloomberg
This market letter is not to be construed as a recommendation to buy, hold or sell any particular security.
SELECT US PRIVATE PLACEMENTS
US PUBLIC MARKET ISSUANCESSELECT INVESTMENT GRADE ISSUANCES
SELECT BELOW INVESTMENT GRADE ISSUANCES
SELECT CLOSED SYNDICATED LOANS
CONTACT WHITEHALL
Todd BrusselManaging Director (212) [email protected]
Vincas SnipasManaging Director (212) [email protected]
Geoffrey WilsonManaging Director (212) [email protected]
Roland DaCostaManaging Director (212) [email protected]
Jonathan CodyManaging Director (646) [email protected]
Timothy PageManaging Director (212) [email protected]
Richard AshbyManaging Director (212) [email protected]
Nicholas Page Associate(212) [email protected]
Blaine Burke Associate(212) [email protected]
Brian BurchfieldManaging Director (212) [email protected]
Van ThorneManaging Director (212) [email protected]
Matt CodyManaging Director (212) [email protected]
Mark HalpinDirector (212) [email protected]
Copyright © 2015 Whitehall & Company, LLC
7 Times Square, 46th Floor, New York, NY 10036
Office: (212) 205-1380 Fax: (212) 205-1381
www.whitehallandcompany.com
