| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,300.000 | 10 | Mar-33 | Sr. Unsecured | Baa1 | A- | BBB+ | Fixed | Tsy | T+160 a | T+135 | 135 | 4.15% | 10 | 99.92900 |
| USD | 700.000 | 30 | Aug-52 | Sr. Unsecured | Baa1 | A- | BBB+ | Fixed | Tsy | T+195 a | T+162.5 | 162.5 | 4.70% | 2.5 | 99.45800 |
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)
Guarantor(s)
Eaton Corp plc
Use of Proceeds
Redeem notes and general corporate purposes