Primary busy; CBS upsizes; Compass Bank, Athene, Voya, CBOE, Freddie Mac price notes

By Cristal Cody

Tupelo, Miss., June 26 – Monday turned into a busy session with seven reported corporate bond deals and one agency offering in the high-grade primary market.

CBS Corp. priced an upsized $900 million two-part offering of senior notes.

Compass Bank came with $750 million of five-year notes.

Athene Global Funding brought a $700 million two-tranche deal.

Voya Financial, Inc. sold $400 million of seven-year senior notes on Monday.

Indiana Michigan Power Co. priced $300 million of 30-year bonds.

CBOE Holdings Inc. sold $300 million of two-year notes.

RenaissanceRe Finance Inc. sold $300 million of 10-year senior notes.

Also, Freddie Mac priced a $500 million reopening of its 1.375% Reference Notes due May 1, 2020.

Market participants forecast about $15 billion of supply for the week.

The Markit CDX North American Investment Grade index firmed about 1 basis point to a spread of 59 bps.

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