| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 600.000 | 8 | Mar-29 | Sr. Unsecured | Baa2 | BBB | - | Fixed | Swaps | MS+100 a | MS+90 | 90 | 0.75% | 15 | 99.65300 |
| EUR | 500.000 | 12 | Mar-33 | Sr. Unsecured | Baa2 | BBB | - | Fixed | Swaps | MS+125 a | MS+115 | 115 | 1.25% | 15 | 99.51400 |
| GBP | 250.000 | 15 | Mar-36 | Sr. Unsecured | Baa2 | BBB | - | Fixed | G | G+160-165 | G+150 | 150 | 2.50% | 12.5 | 99.40700 |
Tranche Comments
8 yr: Book size: 800; Registration: Reg S Only; Comments: EUR600m 8yr snr unsec RegS. With 12yr EUR, 15yr GBP. Baa2/BBB. BNPP/Citi(B&D)/HSBC/JPM. IPTs MS+100 area, set MS+90 for exp 600m, launch 600m, EUR bks >1.6bn (skew to 8y), peak >1.9bn. MWC B+20, 3mPC. B+123.8bps v DBR 0.25 02/29 (105.61). HR 92%. LEI: 261700SS8OEHDOCOUJ33;
12 yr: Book size: 750; Registration: Reg S Only; Comments: EUR500m 12yr snr unsec RegS. With 8yr EUR, 15yr GBP. Baa2/BBB. BNPP/Citi/(B&D)HSBC/JPM. IPTS MS+125 area, set MS+115 for exp 500m, launch 500m, EUR bks >1.6bn (skew to 8y), peak >1.9bn. MWC B+25, 3mPC. B+159.6bps v DBR 0.00 02/31 (103.05). HR 107%. LEI: 261700SS8OEHDOCOUJ33;
15 yr: Book size: 375; Registration: Reg S Only; Comments: GBP250m 15yr snr unsec RegS. With 8yr/12yr EUR. Baa2/BBB. BNPP/Citi(B&D)/HSBC/JPM. IPTs G+160/+165 vs 4.25% 3/36, set G+150 for exp 250m, launch 250m, bk >375m pre rec @final, peak >400m. MWC G+25, 3mPC. Gilt mid 144.59 / bid 144.53. HR 72%. FTT 4.30pm. LEI: 261700SS8OEHDOCOUJ33;
Use of Proceeds
Refinancing and general corporate purpose