| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | DR | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 7,000.000 | 6.9 | Mar-28 | Sr. Unsecured | Baa3 | BBB | BBB- | BBB (H) | Fixed | BTP | - | BTP+10-12 a | 9 | 0.25% | - | 99.23800 |
| EUR | 5,000.000 | 50 | Mar-72 | Sr. Unsecured | Baa3 | BBB | BBB- | BBB (H) | Fixed | BTP | - | BTP+48-50 a | 47 | 2.15% | - | 99.46700 |
Tranche Comments
6.9 yr: Book size: 66000; Registration: 144A/Reg S; Comments: EUR7bn 0.25% Mar 2028 reopening. With new 50yr (Mar 1 2072) BTP. RegS/144A. Baa3/BBB/BBB-/BBBH. Barc/BofA/JPM/SG/Uni. IPTs BTP 0.95% 9/27+12 area, revised +10 (+/-1 WPIR), set +9, launch 7bn, bk >66bn (2.55bn JLM). +AI, immediate funge. BTP@104.32 / 0.272%;
50 yr: Book size: 64000; Registration: 144A/Reg S; Comments: EUR5bn 50yr (Mar 1 2072) BTP. With 0.25% Mar 2028 reopening. RegS/144A. Baa3/BBB/BBB-/BBBH. Barc/BofA/JPM/SG/Uni. Guidance BTP 1.7% 51+50 area, revised +48 (+/-1 WPIR), set +47, launch 5bn, bk >64bn (2.7bn JLM), BTP@99.95 / 1.709%. FTT 4pm;
Deal Comments
EUR7bn tap of 0.25% due 3/15/2028.