Abertis Infraestructuras SA (ABESM) 2020-3

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD900.0008.75Mar-29Sr. Unsecured-BBB-BBBFixedSwapsMS+280 aMS+255-2602552.25%1899.19900
Tranche Comments
8.75 yr: Book size: 1300; First Pay: 2021-03-29; Registration: Reg S Only; Comments: EUR900m Mar 2029 bmk. BBB-/BBB. Actives BNPP/Santan/SG(B&D)/Uni. Passives in ticket. IPTs MS+280 area, guidance MS+255/+260 for exp 750m, launch 900m @MS+255, bk >1.3bn (peak >1.7bn). HR 85% vs DBR 0.25% 2/29+287 @ 106.80 MWC B+45, 3mPC. LEI: 549300GKFVWI02JQ5332.;
Deal Comments
Active Bookrunners: BNP, SNT, SOC (B&D), UNI. Passive Bookrunners: IMI, BBV, CAI, CAG, JPM, MIZ, MOS, NAT.