| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 350.000 | 5 | Nov-25 | Sr. Unsecured | Baa2 | BBB+ | BBB | Fixed | Tsy | T+70 a | T+50 a | 45 | 0.88% | -7 | 99.89800 |
| USD | 750.000 | 11 | Feb-32 | Sr. Unsecured | Baa2 | BBB+ | BBB | Fixed | Tsy | T+105 a | T+85 a | 80 | 1.75% | -3 | 99.94000 |
Tranche Comments
5 yr: Book size: 2300; First Pay: 2021-05-15; Registration: Registered; Comments: US$350m 0.875% cpn 5-year(11/15/25) at 99.898, yld 0.896%. Spread: T+45bp. MWC T+10bp;
11 yr: Book size: 2900; First Pay: 2021-02-15; Registration: Registered; Comments: US$750m 1.75% cpn 11-year(2/15/32) at 99.94, yld 1.756%. Spread: T+80bp. MWC T+15bp;
Deal Comments
Active Bookrunners: 5yr: BRC(B&D), JPM, MUF; 11yr: JPM(B&D), WFS, BAM, SMB. Passive Bookrunners: 5yr/11yr: BNP, MIZ, SCO, TRU, USB
Use of Proceeds
Repay debt and general corporate purposes