| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,750.000 | 3 | Mar-24 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+80-85 | T+55 a | 45 | 0.75% | - | 99.99400 |
| USD | 750.000 | 3 | Mar-24 | Sr. Unsecured | Baa1 | BBB+ | A- | Floating | SOFR | SOFR+Equiv | SOFR+Equiv | 50 | SOFR+50 | - | 100.00000 |
| USD | 2,750.000 | 5 | Mar-26 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+100-105 | T+75 a | 70 | 1.45% | 3 | 99.80300 |
| USD | 750.000 | 5 | Mar-26 | Sr. Unsecured | Baa1 | BBB+ | A- | Floating | SOFR | SOFR+Equiv | SOFR+Equiv | 79 | SOFR+79 | - | 100.00000 |
| USD | 3,000.000 | 7 | Mar-28 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+120-125 | T+95 a | 90 | 2.10% | 4 | 99.95500 |
| USD | 4,250.000 | 10 | Mar-31 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+135 a | T+112 a | 107 | 2.55% | 2 | 99.58900 |
| USD | 3,750.000 | 20 | Mar-41 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+150 a | T+125 a | 120 | 3.40% | 2 | 99.94200 |
| USD | 4,500.000 | 30 | Mar-51 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+160 a | T+135 a | 130 | 3.55% | 1 | 99.10500 |
| USD | 3,500.000 | 40 | Mar-61 | Sr. Unsecured | Baa1 | BBB+ | A- | Fixed | Tsy | T+175 a | T+150 a | 145 | 3.70% | 4 | 98.98900 |
Tranche Comments
3 yr: Book size: 9500; First Pay: 2021-06-22; Registration: Registered; Comments: US$1.75bn 0.75% cpn 3-year FXD 3/22/24 at 99.994, yld 0.752%. T+45bp. MWC T+10bp;
3 yr: Book size: 3300; First Pay: 2021-09-22; Registration: Registered; Comments: US$750m 3-year FRN 3/22/24 at 100.00, floats at SOFR+50bp;
5 yr: Book size: 13300; First Pay: 2021-06-22; Registration: Registered; Comments: US$2.75bn 1.45% cpn 5-year FXD 3/20/26 at 99.803, yld 1.491%. T+70bp. MWC T+15bp;
5 yr: Book size: 2300; First Pay: 2021-09-20; Registration: Registered; Comments: US$750m 5-year FRN 3/20/26 at 100.00, floats at SOFR+79bp;
7 yr: Book size: 13900; First Pay: 2021-09-22; Registration: Registered; Comments: US$3bn 2.10% cpn 7-year 3/22/28 at 99.955, yld 2.107%. T+90bp. MWC T+15bp;
10 yr: Book size: 17200; First Pay: 2021-09-21; Registration: Registered; Comments: US$4.25bn 2.55% cpn 10-year 3/21/31 at 99.589, yld 2.597%. T+107bp. MWC T+20bp;
20 yr: Book size: 13700; First Pay: 2021-09-22; Registration: Registered; Comments: US$3.75bn 3.40% cpn 20-year 3/22/41 at 99.942, yld 3.404%. T+120bp. MWC T+20bp;
30 yr: Book size: 18200; First Pay: 2021-09-22; Registration: Registered; Comments: US$4.5bn 3.55% cpn 30-year 3/22/51 at 99.105, yld 3.599%. T+130bp. MWC T+25bp;
40 yr: Book size: 12900; First Pay: 2021-09-22; Registration: Registered; Comments: US$3.5bn 3.70% cpn 40-year 3/22/61 at 98.989, yld 3.749%. T+145bp. MWC T+25bp;
Deal Comments
Active Bookrunners: JPM(B&D) (30yr,40yr), MOS(B&D) (7yr,10yr,20yr), BRC, CTI(B&D) (3yr,5yr), CSG. Passive Bookrunners: BAM, BNP, DEU, GSC, LOP, MIZ, MUF, RBC, SNT, TDS, WFS
Use of Proceeds
Repay debt, acquisitions and general corporate purposes