| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 400.000 | 11 | Aug-33 | Sr. Unsecured | Baa2 | - | BBB | Fixed | G | G+290 a | G+270-275 | 270 | 4.75% | 20 | 99.95800 |
Tranche Comments
11 yr: Book size: 1250; Registration: Reg S Only; Comments: GBP400m (upsized from GBP300m) 11yr snr unsec RegS. Baa2/NR/BBB. Actives Barc(log)/GS(B&D). Passives BNPP/ICBC/JPM/NWM. With tender for EUR 2024s & GBP 2025s. IPTs UKT 0.875% 7/33+290 area, guidance G+270/+275 for exp 350m-400m, launch 400m at G+270, bks 1.25bn+, peak 1.3bn+. Par Call: 3m. Cleanup Call: 100. MWC: G+45. LEI: 549300KK63W8VZIONZ83;
Deal Comments
Active Bookrunners: GSC(B&D), BRC. Passive Bookrunners: BNP, ICB, JPM, NTW.
Guarantor(s)
Annington Ltd, Annington Homes Ltd, Annington Property Ltd