| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 450.000 | 9 | Oct-29 | Sr. Secured | - | BBB+ | A- | Variable | G | G+300 a | G+270 a | 260 | 2.75% | - | 99.17600 |
Tranche Comments
9 yr: Book size: 3100; Registration: Reg S Only; Comments: GBP450m 9yr (11yr final, 12mL+400 cpn if not redeemed) snr sec RegS, BBB+/A-. IPTs G+300 area, guidance G+270 area vs 0.875% 10/29, exp 400m, launch 450m at G+260. Bk >3.1bn, MWC G+40, 3mPC. Gilt 105.72 mid 105.70 bid. LEI: 7TI96JO3DYEIQWZ7Z726;
Deal Comments
Active Bookrunners: LLY(B&D), DEU, NAC, RBC. Passive Bookrunners: BAM, GSC.
Guarantor(s)
Heathrow Airport Ltd, Heathrow(AH) Ltd, Heathrow(SP) Ltd, Heathrow Express Operating Co Ltd
Use of Proceeds
General Corporate Purposes