U.S. corporate debt: Saudi's multi-trancher was upsized to $17.5 B
U.S. corporate debt: Saudi's multi-trancher was upsized to $17.5 B, according to a Bloomberg report: "Saudi Arabia is planning to raise as much as $17.5 billion in the biggest bond sale ever from an emerging-market nation, according to two people with knowledge of the offering, as it seeks to shore up finances battered by the slide in oil. The government aims to sell dollar-denominated bonds due in five years yielding about 140 basis points more than similar-maturity U.S. Treasuries, 10-year notes at a spread of about 170 basis points and 30-year securities at 215 basis points, the people said, asking not to be identified because the information is private. The proposed pricing is at least 40 basis points higher than Qatar's similar-maturity bonds." The offering received about $67 B in orders and is set to price today, having loomed over the underlying Treasury market this week.