| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | - | - | - | Ba2 | BB+ | BB+ | Fixed | Swaps | 3.25% a | 2.875-3% | 307.14 | 2.88% | - | 100.00000 |
Tranche Comments
PNC 8: Redemption: 2027-09-24; Registration: Reg S Only; Comments: EUR500m WNG PNC8 hybrid RegS. Issue Ba2/BB+/BB+. CA-CIB/MUFG/HSBC/NatWest/SG(B&D). IPTs 3.25% area revised 2.875%/3% yld, set 2.875%, bks 1.4bn (topped >2bn). Initial/reset MS+307.14 (fxd-fxd). Steps 25bp yr10, 75bp yr28.. 3mPC. (Source: IFR);
Guarantor(s)
Telefonica SA