| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 8.5 | Jul-31 | Sr. Unsecured | A1 | A | - | Fixed | Swaps | MS+85 a | MS+70-75 | 70 | 3.50% | - | 99.28000 |
| GBP | 350.000 | 20 | Jan-43 | Sr. Unsecured | A1 | A | - | Fixed | G | G+115-120 | G+100 a | 90 | 4.88% | - | 99.81000 |
Tranche Comments
8.5 yr: Book size: 1000; Registration: Reg S Only; Comments: EUR500m 8.5yr snr unsec bmk social RegS. A1/A/. Barc(B&D)/HSBC(Log)/Lloyds/NatWest. IPTs 8.5yr MS+85 area for exp 500m. Guidance MS+70/+75 for 500m. Launch MS+70. Books subj 1bn+ (at guidance). B+134.7bps vs DBR 0% due Feb 2031 (bid price 83.485 / HR 108%). Par Call: 3m. MWC: B+20. LEI: AZ3NL8JCZDCNUXFWI720;
20 yr: Book size: 1600; Registration: Reg S Only; Comments: GBP350m 20yr snr unsec bmk social RegS. A1/A/. Barc(B&D)/HSBC(Log)/Lloyds/NatWest. IPTs 20yr UKT 4.5% Dec 2042 +115/+120 area for exp 300m. Guidance UKT+100 area for 350m. Launch G+90. Books subj 1.6bn+ (at guidance). UKT 4.5% Dec 2042, HR 90% (mid 106.951 / bid 106.751). Par Call: 3m. MWC: UKT+15. LEI: AZ3NL8JCZDCNUXFWI720;
Guarantor(s)
Motability Operations Ltd, Motability Hire Purchase Ltd