Union Pacific Corp (UNP) 2021-2

USD150.00010May-31Sr. UnsecuredBaa1A-A-FixedTsyT+80 a-62.52.38%0103.23000
USD850.00030Mar-52Sr. UnsecuredBaa1A-A-FixedTsyT+120 a-972.95%099.98000
Tranche Comments
10 yr: Book size: 1200; First Pay: 2021-11-20; Redemption: 2031-02-20; Registration: Registered; Comments: US$150m tap of the 2.375% 5/20/31 at 103.306, yld 1.998%. Spread: T+62.5bp. MWC T+15bp; 30 yr: Book size: 3500; First Pay: 2022-03-10; Redemption: 2051-09-10; Registration: Registered; Comments: US$850m 2.95% cpn 30-year(3/10/52) at 99.98, yld 2.951%. Spread: T+97bp. MWC T+15bp;
Deal Comments
Active Bookrunners: WFS, BRC(B&D) (30yr), CTI,(B&D) (10yr) USB. Passive Bookrunners: MIZ, TRU. USD$150m tap of the 2.375% due 5/20/31
Use of Proceeds
General Corporate Purposes

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