Masco Corp (MAS) 2021-1

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USD600.0007Feb-28Sr. UnsecuredBaa2BBBBBBFixedTsyT+90-95T+65 a601.50%-599.83600
USD600.00010Feb-31Sr. UnsecuredBaa2BBBBBBFixedTsyT+105-110T+85 a802.00%-699.26700
USD300.00030Feb-51Sr. UnsecuredBaa2BBBBBBFixedTsyT+140-145T+110 a1053.13%-699.98200
Tranche Comments
7 yr: Book size: 3000; First Pay: 2021-08-15; Registration: Registered; Comments: US$600m 1.50% cpn 7yr(2/15/28) at 99.836 , yld 1.525%. Spread: T+60bp. MWC T+10bp. Cusip: 574599BS4; 10 yr: Book size: 2200; First Pay: 2021-08-15; Registration: Registered; Comments: US$600m 2.00% cpn 10yr(2/15/31) at 99.267 , yld 2.082% . Spread:T+80bp. MWC T+15bp. Cusip: 574599BQ8; 30 yr: Book size: 2100; First Pay: 2021-08-15; Registration: Registered; Comments: US$300m 3.125% cpn 30yr(2/15/51) at 99.982 , yld 3.126% . Spread: T+105bp. MWC T+20bp. Cusip: 574599BR6;
Deal Comments
Active Bookrunners: CTI, JPM, 7yr: WFS(B&D), FTB; 10yr: BAM, DEU(B&D); 30yr: TRU, RBC(B&D), PNC. Passive Bookrunners: 10yr, 30yr: WFS; FTB; 7yr, 30yr: BAM, DEU; 7yr, 10yr: PNC, RBC, TRU
Use of Proceeds
Repay debt and general corporate purposes

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