CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
USD | 600.000 | 7 | Feb-28 | Sr. Unsecured | Baa2 | BBB | BBB | Fixed | Tsy | T+90-95 | T+65 a | 60 | 1.50% | -5 | 99.83600 |
USD | 600.000 | 10 | Feb-31 | Sr. Unsecured | Baa2 | BBB | BBB | Fixed | Tsy | T+105-110 | T+85 a | 80 | 2.00% | -6 | 99.26700 |
USD | 300.000 | 30 | Feb-51 | Sr. Unsecured | Baa2 | BBB | BBB | Fixed | Tsy | T+140-145 | T+110 a | 105 | 3.13% | -6 | 99.98200 |
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