Republic of The Philippines (PHGV) 2022-2

CCYSZE(M)TNRMTYRNKMOSPFIJCTYPEBNCHIPTGDNCSPRDCPNNICPRICE
JPY52,000.0005Apr-27Sr. UnsecuredBaa2BBB+-A-FixedSwapsMS+55-60MS+60600.76%-100.00000
JPY5,000.0007Apr-29Sr. UnsecuredBaa2BBB+-A-FixedSwapsMS+65-70MS+70700.95%-100.00000
JPY7,100.00010Apr-32Sr. UnsecuredBaa2BBB+-A-FixedSwapsMS+80-85MS+85851.22%-100.00000
JPY6,000.00020Apr-42Sr. UnsecuredBaa2BBB+-A-FixedSwapsMS+115-120MS+1171151.83%-100.00000
Tranche Comments
5 yr: First Pay: 2022-10-22; Registration: Reg S Only; Comments: JPY52bn 4-tranche snr unsec Sustainable RegS. Baa2/BBB+/A-. MUMSS/SMBC Nikko. 5yr JPY Tonar swaps+60 (revised from IPG +55/+60), 7yr JPY Tonar swaps+70 (revised from +65/+70), 10yr JPY Tonar swaps+85 (revised from +80/+85), 15yr dropped (IPG +95/+100), 20yr JPY Tonar swaps+115 (IPG +115/+120, FGP +117). Book close: COB of Apr 8 in Europe, 11am Tokyo of Apr 11. Fees: 10bp. LEI: 529900RAHBALMYIJ3T08; 7 yr: First Pay: 2022-10-22; Registration: Reg S Only; Comments: JPY5bn 4-tranche snr unsec Sustainable RegS. Baa2/BBB+/A-. MUMSS/SMBC Nikko. 5yr JPY Tonar swaps+60 (revised from IPG +55/+60), 7yr JPY Tonar swaps+70 (revised from +65/+70), 10yr JPY Tonar swaps+85 (revised from +80/+85), 15yr dropped (IPG +95/+100), 20yr JPY Tonar swaps+115 (IPG +115/+120, FGP +117). Book close: COB of Apr 8 in Europe, 11am Tokyo of Apr 11. Fees: 10bp. LEI: 529900RAHBALMYIJ3T08; 10 yr: First Pay: 2022-10-22; Registration: Reg S Only; Comments: JPY7.1bn 4-tranche snr unsec Sustainable RegS. Baa2/BBB+/A-. MUMSS/SMBC Nikko. 5yr JPY Tonar swaps+60 (revised from IPG +55/+60), 7yr JPY Tonar swaps+70 (revised from +65/+70), 10yr JPY Tonar swaps+85 (revised from +80/+85), 15yr dropped (IPG +95/+100), 20yr JPY Tonar swaps+115 (IPG +115/+120, FGP +117). Book close: COB of Apr 8 in Europe, 11am Tokyo of Apr 11. Fees: 10bp LEI: 529900RAHBALMYIJ3T08; 20 yr: First Pay: 2022-10-22; Registration: Reg S Only; Comments: JPY6bn 4-tranche snr unsec Sustainable RegS. Baa2/BBB+/A-. MUMSS/SMBC Nikko. 5yr JPY Tonar swaps+60 (revised from IPG +55/+60), 7yr JPY Tonar swaps+70 (revised from +65/+70), 10yr JPY Tonar swaps+85 (revised from +80/+85), 15yr dropped (IPG +95/+100), 20yr JPY Tonar swaps+115 (IPG +115/+120, FGP +117). Book close: COB of Apr 8 in Europe, 11am Tokyo of Apr 11. Fees: 10bp. LEI: 529900RAHBALMYIJ3T08;
Deal Comments
Sustainable samurai bonds