| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 5 | Sep-28 | Sr. Unsecured | - | BBB | - | Fixed | Swaps | MS+220 a | - | 210 | 5.25% | - | 99.57500 |
| GBP | 250.000 | 7 | Sep-30 | Sr. Unsecured | - | BBB | - | Fixed | G | G+290-300 | - | 290 | 7.38% | - | 99.68500 |
Tranche Comments
5 yr: Book size: 1000; Registration: Reg S Only; Comments: EUR500m 5yr bmk snr unsec RegS. NR/BBB/NR. GloCos BNPP/NatWest(B&D), actives CMZ(log)/SEB/Uni, passive Caixa. IPT MS+220 area for exp 500m. Launch EUR500m at MS+210. Books 1bn+ (peak 1.1bn+). With EUR500m 2.375% 2024 tender offer. DBR 0.25% Aug-28 (bid 89.32), B+276.5, HR 100%. FTT 2:40pm. Par Call: 3m. Cleanup Call: 80%. MWC: B+45. CoC: 100%. LEI: 213800TCZZU84G8Z2M70;
7 yr: Book size: 315; Registration: Reg S Only; Comments: GBP250m 7yr bmk snr unsec RegS. NR/BBB/NR. GloCos BNPP/NatWest(B&D), actives CMZ(log)/SEB/Uni, passive Caixa. IPT UKT 0.375% Oct 2030 +290/+300 for exp 250m. Launch GBP250m at G+290. Books 315m (peak ~425m). UKT 0.375% Oct-30 @ 75.62 mid, 75.59 bid, HR 106%. FTT 2:40pm. Par Call: 3m. MWC: G+45. CoC: 100%. LEI: 213800TCZZU84G8Z2M70;
Deal Comments
Ative Bookrunners: NTW (B&D), BNP, CMZ, SEB, UNI. Passive Bookrunners: CAI
Guarantor(s)
Royal Mail Group Ltd
Use of Proceeds
Refinancing and general corporate purposes
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| BGY | 364.000 | 6 | Nov-06 | Yg. Zljhbxghr | - | AAA | - | Euusr | Enmpf | JD+200 q | JP+170-+175 | 160 | 1.25% | - | 48.11500 |
Tranche Comments
7 cp: Registration: Nuo S Uiho; Comments: Lzn LQK500x 7mf rof norxc. CCC. CEJJ/NEN/EnxIxrx(C&V)/Qoc. NJIr CK+200 nfxn, ynchnocx +170/+175 dpf 550x hxno, fxvcrxh +160/+165 (qncf), xon +160. Cppfr 3.6oo+ nfx-fxc. VCK 0% 08/26 +201.4onr (nfccxh @ 105.180) (AK 91%). ZII 4.10nx (Kpnfcxg NZK);
Guarantor(s)
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