Republic Services Inc (RSG) 2020-3

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD350.0005Nov-25Sr. UnsecuredBaa2BBB+BBBFixedTsyT+70 aT+50 a450.88%-799.89800
USD750.00011Feb-32Sr. UnsecuredBaa2BBB+BBBFixedTsyT+105 aT+85 a801.75%-399.94000
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
Research

Explore all other research.