| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 750.000 | 5 | Oct-25 | Sr. Secured | - | BBB+ | A- | Variable | Swaps | MS+250-260 | MS+220 a | 205 | 1.50% | 5 | 99.43300 |
Tranche Comments
5 yr: Book size: 3700; Registration: Reg S Only; Comments: EUR750m 5yr snr sec RegS, 7yr final con 12mE+400 if not redeemed. BBB+/A-. Actives BNPP/JPM/MS/RBC/Santan(B&D), passives CM-CIC/SMBC Nikko/SG. IPTs MS+250/+260, guidance mS+220 area, launch 750m @ MS+205, bk ~3.7bn (peak ~4bn), OBL 0 10/25 (@103.625) +232.7bp, HR 91%. MWC : B+35. LEI: 7TI96JO3DYEIQWZ7Z726.;
Deal Comments
Active Bookrunners; SNT(B&D), BNP, JPM, MOS, RBC. Passive Boorrunners: CAG, SMB, SOC
Guarantor(s)
Heathrow Airport Ltd, Heathrow(AH) Ltd, Heathrow(SP) Ltd and Heathrow Express Operating Co Ltd
Use of Proceeds
General Corporate Purposes