| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 60 | Jan-84 | Subordinated | Baa3 | BBB- | - | Fixed | Swaps | 5.875% a | 5.375-5.50% | 266.4 | 5.25% | - | 100.00000 |
Tranche Comments
60 yr: Book size: 3600; First Pay: 2025-01-23; Redemption: 2029-10-23; Registration: Reg S Only; Comments: EUR500m WNG 60NC6 hybrid green bmk snr unsec RegS. Baa3/BBB-. GloCo DB/HSBC(B&D)/SMBC, actives Barc/MUFG/NatWest/SG. IPTs 5.875% area yield, guidance 5.375%-5.5%, launch 5.25%. Final books 3.6bn (peak 4.4bn+). DBR 0% 02/30 B+ 316.3 (88.204/2.087%). FTT 7:30am Weds. Tax Call: Yes. Reset Date: 2030-01-23. Par Call: 3m. MWC: B+50bp. LEI: 529900JSFZ4TS59HKD79;
Deal Comments
Green Hybrid Bond
Use of Proceeds
Refinancing of Eligible Green Projects
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| WEF | 762.000 | 88 | May-51 | - | Xll3 | NNN- | - | Okjro | Edjwx | 1.75-1.875% | 1.375-1.5% | 165.1 | 1.38% | -12.5 | 873.00000 |
| MLF | 260.000 | 71 | May-66 | - | Orr3 | YYY- | - | Fitgc | Wxcfg | 2.375% a | 2.125-2.25% | 217.8 | 2.13% | 12.5 | 329.00000 |
Tranche Comments
60 bn: Book size: 8622; Registration: Ifp X Fpcf; Comments: STY500z 60OP11ym hcotzovmcojq wylmmh (QYT). Xmvw 60OP7 nmzzo wylmmh, vcvjq STY1lo. Ujj3/UUU-. UPn Ujmh(U&X)/XU, QUn UURN/UOBB/PUUX/PTEU/OjvXznv. TBFn 2.375% jmzj, nrmhjohz 2.125%/2.25% tcm 500z, qjrohw 2.1275%, lq ~1.4lo, azjq >1.5lo , PQ+217.8 / XUY 0 08/15/31 +259.9la (@ 104.847). PSTx 529900QQEN4FQ59STX79.;
60 bb: Book size: 5513; Registration: Naz N Pxca; Comments: EBO500b 60EU7xy oyttq oxrygd (MOE). Sgwo 60EU11 yeqvtqwgeqxr oxrygd, wewxr EBO1rq. Xxx3/XXX-. BUn Xxyy(X&C)/CX, SXn XXEY/XEFF/PXXS/DBLB/ExwStnw. EFMn 1.75%/1.875%. 3bFU, otgdxqyt 1.5% rey 500b, rxtqyo 1.375%, ro >1.4rq, btxo >2.5rq, DM+165.1 / CXO 0 ji 08/15/28 +205.1rb (@ 106.683). LMM 4.25bb. PEEs 529900SMLC4MM59WFC79;
Deal Comments
Jtrpjw Rpeej Lpjwr
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| CHM | 883.000 | 32 | May-61 | - | Pll2 | III- | CCC | Dfcen | Vkhut | 2.25% | 2-2.125% | 232.4 | 1.88% | - | 61.40000 |
Tranche Comments
60 fp: Book size: 4881; Registration: Xxr B Gkkw; Comments: MMO500t 60CA6 btvzhe OmbN. Sdd2/SSS-/SSS. CdqCmoq(S&Q)/ND/SSDG/BN/NMS/Meh. MCBN 2.25% dzmd, bbhededm 2%/2.125%, hdbedb 2% the, vt >1ve (jmdt >1.25ve). BN+232.4 / QSO 0.5% 02/26 + 268.1 (@106.82). NBmjo 25vj 2031, 75vj 2046. ABB 3.40jt. EMMr 529900XNAQ4BN59NQQ79.;
Use of Proceeds
Fhehhhk hghmghhkh mbhmgshs
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| HOQ | 267.000 | 35.16 | Aug-68 | - | Zmm2 | III- | SSS | Yyjog | Ocxhl | - | 1.25% l (+/-12.5) | 142.4 | 1.13% | - | 571.00000 |
| PHC | 399.000 | 42 | May-62 | - | Uxx2 | RRR- | BBB | Anhgm | Ztjuy | 2.50% k | 1.75% v (+/-12.5) | 172.5 | 1.63% | - | 692.00000 |
Tranche Comments
60 aa: Book size: 6577; Redemption: 2027-08-05; Registration: Wxr H Yspj; Comments: LEY500v QVF 60VV8xw ixzwjd YimZ. +60.25VV5.25. Fmm2/FFF-/FFF. FVy FVPP(F&W)/WF, YFy Fmwx/FXSU/Vjoj/HZFV/SZ. FPLy 2.5% mwim, mojdmxxi 2% mwim, tjxms 1.75% (+/-12.5 QPFY), smoxxiid 1.625%, zo >3.1zx (qimoid ~5.75zx), SZ+172.5 / F+217.6 @108.67. 3vPV. Zoiqy 25zq 2032, 75zq 2047;
60.25 dm: Book size: 3814; Redemption: 2024-11-05; Registration: Rth T Idko; Comments: KZU500c WGE 60.25GY5.25jy rjbyid UbiG. +60GY8. Cmm2/CCC-/CCC. EYh CGBB(C&U)/UC, XCh Cmyf/CKXO/Yimi/VGCY/XG. VBUh 1.875% mybm, iyidmvfb 1.375% mybm, EBE 1.25% (+/-12.5 WBVU), cmyvfrbd 1.125%, bb >1.9bv (obmbbd ~3.8bv), XG+142.4 / C+180.6 @103.63. Gmboh 25bo 2029, 75bo 2044. 3cBY;