Japan Finance Organization for Municipalities (JFM) 2020-2

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,500.0005May-25Sr. UnsecuredA1A+-FixedSwapsMS+73 aMS+72 a691%-99.88800
Tranche Comments
5 yr: Book size: 3000; Registration: 144A/Reg S; Comments: USD1.5bn 5yr RegS/144A. A1/A+. Barc/Citi/MS/Nomura(B&D/DM). IPTs MS+73 area, guidance +72 area, set MS+69, launch 1.5bn, bk >3bn pre-close. HR 99% vs CT5+71.9 @100-11.25;