Imperial Brands Finance PLC (IMBBY) 2019-1

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EUR750.0004.5Aug-23Sr. UnsecuredBaa3BBB-FixedSwapsMS+135-140MS+120 a1181.13%-99.45400
EUR750.0008Feb-27Sr. UnsecuredBaa3BBB-FixedSwapsMS+195-200MS+180 a1782.13%-99.21000
Tranche Comments
4.5 yr: Registration: Reg S Only; Comments: EUR750m 4.5yr bmk. With 8yr, total 1.5bn. Baa3/BBB. CA-CIB/Santander/SG(B&D)/SMBCNikko. IPTs MS+135/+140, guidance MS+120 (+/-2 WPIR), launched 750m@MS+118 on bk >2.2bn pre rec. OBL #177+169.7 @ 101.88% / HR 102%. 3mPC, MWC B+25. FTT 8am Friday (Source: IFR); 8 yr: Registration: Reg S Only; Comments: EUR750m 8yr bmk. With 4.5yr, total 1.5bn. Baa3/BBB. CA-CIB/Santander/SG(B&D)/SMBCNikko. IPTs MS+195/+200, guidance MS+180 (+/-2 WPIR), launched 750m@MS+178 on bk >1.8bn pre rec. | DBR 0.25 2/27 +233.2 @ 102.80% / HR 88%. MWC B+35, 3mpC, FTT 8am Friday (Source: IFR);