Sun Communities Operating LP (SUI) 2022-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD600.00010Apr-32Sr. UnsecuredBaa3BBB-FixedTsyT+195 aT+175 a1724.20%299.44200
Tranche Comments
10 yr: Book size: 1000; First Pay: 2022-10-15; Redemption: 2032-01-15; Registration: Registered; Comments: US$600m(upsized from US$400m) 4.20% cpn 10yr at 99.442, yld 4.269%. T+172bp. LEI: 549300PUNBPJCGT6X741;
Deal Comments
Active Bookrunners: CTI(B&D), JPM, BAM. Passive Bookrunners: BMO, CIZ, FTB, RBC
Guarantor(s)
Sun Communities Inc
Use of Proceeds
Repay borrowings, fund possible acquisitions and general corporate purposes
Research
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