| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 350.000 | 3 | Jul-24 | - | A1 | AA- | - | Fixed | Tsy | T+50-55 | T+35 a | 32 | 0.78% | 0 | 100.00000 |
| USD | 350.000 | 7 | Jul-28 | - | A1 | AA- | - | Fixed | Tsy | T+80-85 | T+68 a | 65 | 1.90% | 2 | 100.00000 |
Tranche Comments
3 yr: Book size: 1000; First Pay: 2021-10-15; Registration: 144A/Reg S; Comments: US$350m 0.781% cpn 3-year(7/5/24) at 100.00, yld 0.781%. Spread: T+32bp;
7 yr: Book size: 650; First Pay: 2021-10-15; Registration: 144A/Reg S; Comments: US$350m 1.90% cpn 7-year(7/6/28) at 100.00, yld 1.90%. Spread: T+65bp;
Deal Comments
FA backed. Total deal was upsized from USD$600m to USD$700m
Use of Proceeds
To purchase one or more Funding Agreements from Protective Life Insurance Co
AllReportsSurveillanceOther