The 17-time National Basketball Association champion and NAIC-2 issuer printed two small transactions, which agent Morgan Stanley showed to a small group of investors.
The deal was upsized only slightly, from $100 million, but heavily oversubscribed.
The Dutch repeat issuer left investors hungry, pricing a $325 million deal, upsized from $250 million.
With investors starving for paper, mega-oversubscriptions have become common on the private placement market.
The Australian REIT upsized the transaction, its first private placement in seven years, from $125 million on the cover.