| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 4 | Jul-23 | Sr. Unsecured | Baa3 | BBB | - | Fixed | Swaps | MS+130 a | MS+95-100 | 95 | 0.50% | - | 99.41700 |
| USD | 500.000 | 8 | Jul-27 | Sr. Unsecured | Baa3 | BBB | - | Fixed | Swaps | MS+190 a | MS+165-170 | 165 | 1.50% | - | 99.80300 |
Tranche Comments
4 yr: Registration: Reg S Only; Comments: EUR500m no-grow 4yr snr unsec. With 7yr. Baa3/BBB. Actives BNPP(B&D)/BAML/JPM. IPTs MS+130 area, guidance MS+105/110, revised MS+95/100 WPIR set MS+95 on bk 2.6bn (peaked >3.2bn), vs OBL #177 0% Apr-2023 HR100%, MWC B+25, 3mPC. FTT 4.20pm (Source: IFR);
8 yr: Registration: Reg S Only; Comments: EUR500m no-grow 7yr snr unsec. With 4yr. Baa3/BBB. Actives BNPP(B&D)/BAML/JPM. IPTs MS+190 area, guidance MS+170/175, revised MS+165/170 WPIR, set MS+165 on bk 1.7bn (peaked >2bn), vs DBR 0.25% Feb-2027, HR92%, MWC B+35, 3mPC. FTT 4.20pm (Source: IFR);
Use of Proceeds
Refinancing