Eaton Corp PLC (ETN) 2022-1

USD1,300.00010Mar-33Sr. UnsecuredBaa1A-BBB+FixedTsyT+160 aT+1351354.15%1099.92900
USD700.00030Aug-52Sr. UnsecuredBaa1A-BBB+FixedTsyT+195 aT+162.5162.54.70%2.599.45800
Tranche Comments
10 yr: Book size: 4600; First Pay: 2023-03-15; Redemption: 2032-12-15; Registration: Registered; Comments: US$1.3bn 4.15% cpn 10yr (3/15/33) at 99.929 , yld 4.158% . Spread: T+135bp. MWC T+25bp. LEI: 549300OLS85LSODKAF64. Par Call: 3m; 30 yr: Book size: 4900; First Pay: 2023-02-23; Redemption: 2052-02-23; Registration: Registered; Comments: USD700m 30yr SEC-registered 4.70% cpn (8/23/52) at 99.458; Yld: 4.734%; T+162.5. MW+25. BofA/DB/Loop/MS/WFS (B&D). LEI: 549300OLS85LSODKAF64. Par Call: 6m;
Deal Comments
Sustainability-Linked Note (10 yr). Joint Bookrunners: BAM, DEU(B&D) (10y), LOP, MOS, WFS(B&D) (30y)
Eaton Corp plc
Use of Proceeds
Redeem notes and general corporate purposes