Dexia Credit Local SA (DEXI) 2020-3

GBP1,000.0003.1Jul-23Sr. UnsecuredAa3AA-AA-FixedGG+58 aG+58 a550.50%-99.89300
Tranche Comments
3.1 yr: Registration: Reg S Only; Comments: GBP1bn long 3yr July 2023 RegS. Aa3/AA/AA-. Barc/HSBC/NWM. Guidance/bks open G+58 area vs UKT 0.75% 7/23. Came 1bn at G+55, gilt 102.415 mid. FTT 3.10pm. LEI: F4G136OIPBYND1F41110.;
Unconditional and irrevocable first demand guarantee from the States of Belgium (51.41%), France (45.59%) and Luxembourg (3.00%)