Land Securities Capital Markets PLC (LAND) 2023-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GBP400.0009.5Sep-32Sr. Unsecured-AAAA-FixedGG+150 aG+135 a1334.88%-99.06400
Tranche Comments
9.5 yr: Book size: 900; Registration: Reg S Only; Comments: GBP400m 9.5yr snr unsec bmk green RegS. NR?AA/AA-. BNPP(green struc)/Lloyds(Logis)/NatWest(B&D). IPTs UKT 4.25% 06/07/32 +150 area. guidance UKT+135 area (+/-2 WPIR), launch 400m at UKT+133. Final books ~900m (Peak 1bn+). UKT 4.25% 06/07/32 @ 104.51 mid, 104.5087 bid (HR 93%). FTT: 1:40pm. MWC: G+20. LEI: 213800ZNMO2OSVLXAK89;
Deal Comments
Green Bond
Use of Proceeds
Refinancing