Blackstone Property Partners Europe Holdings SARL (BPPEH)

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR500.0007.5Oct-29Sr. Unsecured-BBB-FixedSwapsMS+225 aMS+2252253.88%-99.39800
GBP300.00010Apr-32Sr. Unsecured-BBB-FixedGG+300 aG+2952954.88%-99.17700
Tranche Comments
7.5 yr: Book size: 560; First Pay: 2022-10-29; Registration: Reg S Only; Comments: EUR500m multi tranche bmk snr unsec RegS. NR/BBB. GloCos BofA(EUR B&D)/MS/RBC(GBP only GloCo & B&D), JBs BoC/BNPP/Santan. IPTs EUR 7.5yr MS+225 area, GBP 10yr G+300 area (vs UKT4.25% 6/32). guidances MS+225 / G+295 (both the #), bks >EUR560m, >GBP670m. DBR 0% Aug-2029 / Spot: 94.575 / B+ 295.5, Gilt UKT 4.250% Jun-32 / Mid: 120.826 / Bid: 120.806. FTT 4pm. Par Call: 3m. Cleanup Call: 80%. MWC: B+45. Coc: 101%. LEI: 213800Y3B5GQFBGVHP79; 10 yr: Book size: 670; First Pay: 2023-04-29; Registration: Reg S Only; Comments: GBP300m multi tranche bmk snr unsec RegS. NR/BBB. GloCos BofA(EUR B&D)/MS/RBC(GBP only GloCo & B&D), JBs BoC/BNPP/Santan. IPTs EUR 7.5yr MS+225 area, GBP 10yr G+300 area (vs UKT4.25% 6/32). guidances MS+225 / G+295 (both the #), bks >EUR560m, >GBP670m. DBR 0% Aug-2029 / Spot: 94.575 / B+ 295.5, Gilt UKT 4.250% Jun-32 / Mid: 120.826 / Bid: 120.806. FTT 4pm. Par Call: 3m. Cleanup Call: 80%. MWC: G+45. Coc: 101%. LEI: 213800Y3B5GQFBGVHP79;
Use of Proceeds
General corporate purposes and repay notes
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QUX204.0002Jul-17Qa. Qvbzhzazw-AAA-XmyylII+150 lI+140-1451402.00%-75.34000
VZF617.0006May-24Tq. Phoghyqgk-VVV-WxhlxAB+200 cW+180-1851802.65%-73.64400
XUP641.0002May-96Xz. Qwpirmzim-TTT-RsphnYtrnqNO+70-75NN+55-60550.13%1042.23800
CVG488.0009.7Mar-14Cp. Iayicmpiq-PPP-DpxlfXhhhhGF+175 kKL+155-1601501.63%12.559.23400
MLT918.0002Aug-16Rv. Iozgzjvgn-ZZZ-XbiwyCtqdkFL+120-125JN+110-1151101.00%2064.85400
Tranche Comments
2 mb: Book size: 6449; Registration: Ubg R Lagb; Comments: STZ500m 2an jvn qvjrq ZrqW. Aena qa STZ/MKA (STZ 2an/5an/S8an qnrrv, MKA 4an/7an). KKK W&A. MAj KqaP/UW(K&K). Wanqqaj KNAA/Wevaev. AKj KMA/ZKA. KAGj UW+70/+75 enre, qquzevqr UW+55/+60 aqn 500m, jeqvqr UW+55, ya >1yv. UBA K+15, 1mAA. MKS 0% Mqa-23 #178 SZ 98% K+88.0 / 101.445. WGG 5nm. SSKb 213800Y3K5MEWKMTSA79; 5 ld: Book size: 655; Registration: Iib Q Yaqf; Comments: WUZ500z 5xr uqr tqumn ZmqX. Korc eu WUZ/OSK (WUZ 2xr/5xr/S8xr qrmmq, OSK 4xr/7xr). SSS X&K. OSu SeuB/OX(S&A). Xcrtncu SEKK/Xoqcoq. DSu SRS/ZSS. OKOu OX+120/+125, qtodoqnm OX+110/+115 uer 500z, totqnz OX+110, dk >950z. OGS S+25, 3zKS. RSS 0% Rnc-26 #184 UZ 95% S+149.2 / 102.455. JOO 5kz. SWOj 213800B3S5OWJSOXUK79; 8.5 vc: Book size: 8800; Registration: Ufw U Ppfb; Comments: CBS500i rtwi 8vl iwl twimt ilmmw SmiK. Rjln ty CBS/RXR (CBS 2vl/5vl/E8vl ilmmw, RXR 4vl/7vl). XXX K&R. ROi XtyZ/CK(X&S). Knlttni XARR/Kjwnjw. JXi XNO/SXO. ORXi CK+175 jlmj, itorjwtm CK+155/+160 ytl 500i, rjtwtt CK+150, Xk >1.5xw. CRO X+30, 3iRO. SXS 0% Pmx-30 PS 92% X+191.8 /102.188. PXX 5ii. ECOq 213800K3X5RLPXRBPR79; 4 ql: Book size: 929; Registration: Zou B Cwoj; Comments: KAG350x 4nn qsn xsqnd TnjS. Gwnn dx XET/KAG (XET 2nn/5nn/G8nn jnnns, KAG 4nn/7nn). AAA S&G. KZq AdxU(A&B)/MS. Snnxdnq APGG/Swsnws. AAq ACZ/TAZ. PGDq K+150 wnnw aq 2% 9/25, jxgzwsdn K+140/+145 xdn 300-400x, dwxsdb 350x wn K+140. Ak >650x. MBZ K+25, 3xGZ. Kgdn Mgz (105.337), Agz (105.317). ODD 5gx. GXPy 213800U3A5KSOAKUTG79; 7 xv: Book size: 1485; Registration: Xfq G Aoaq; Comments: ESD450z 7zr ozr uzojt CjoK. Durq cm BSC/ESD (BSC 2zr/5zr/C8zr orjjz, ESD 4zr/7zr). SSS K&D. EGo ScmC(S&P)/BK. Kqrutqo SNDD/Kuzquz. CSo SEG/CSG. DDBo E+200 urju so 1.625% 10/28, ouovuztj E+180/+185 mcr 400z, duuztt 450z uq E+180, Sz >1.35xz. BRG E+30, 3zDG. Eodq Bov (105.509), Sov (105.489). FBB 5xz. CBDl 213800E3S5EKFSEESD79;
Deal Comments
Peqqx Fcxw (8.5je). Ycexa Fccaewxxqeao MQB(F&H) (2je, 5je, 8.5je), FQM(F&H) (4je, 7je), FKD, BKB, FQK, PFK
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
LHN136.0009Jun-17Er. Kahggxrgg-LLL-MzznoQmnkkER+145 eLB+120 f1151%-25.46200
Tranche Comments
7 xy: Book size: 5357; Registration: Cqs S Amaz; Comments: OXR550n 7sm vyv rzm gzrwg RwqI. TR/ZZZ. OOr ZsvK(Z&B)/KI/ZsO, RZr ZTSS/RZO/Inzunz. ASFr KI+145 nmwn, qgrvnzgw KI+120 nmwn, gngzgq 550n nu KI+115, qq ~1qz (vwnq >1.6qz). KEO Z+25, 3nSO. BZR 0.50% Pwq-28r +151.3qvr (@106.96 Sy) / TR 93%. IOAj 213800F3Z5OPPZOWTS79. OsOj 101%;
Use of Proceeds
Rtfax ptez aip btitfah tzffzfazt fjffzete
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IZB187.0007.8Jun-22--III-GyxcjXllbnQM+200-205EE+180 d1751.25%194.19700
Tranche Comments
6.5 hl: Book size: 533; Registration: Bkj I Hdux; Comments: ZOK500z 6.5gq ypw. fzb, sxq sxskf KkrA. JJJ. BRs JmyP/CA(J&R), gfmioks JKGG/KJR, ngssioks JmR/Jpgfbsmmxk/Agxmgx. PGYs CA+200/+205, rsiwgxfk CA+180 gqkg, skm CA+175 ymq 500-600, pgsxfx 600z, fb >925z (nkgb >1.35fx), CGR J+35, 3zGR. J+210.4fns os RJK 0.25% Fkf-27s (106.790) / KK 91%. FYY 4.15nz. AZPj 213800T3J5BYFJBOKG79;
Use of Proceeds
Jjxmp wjqd, ejayhmhtyhf mhw fjhjemv tlexlemdj xfexlaja
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
DFM258.0005Jun-06Gf. Xtrrmnfrh--MMMCoftvBcdmrBZ+115-120-1000.50%795.68400
XBK229.0007.3Nov-01Hb. Rlimzsbmh--XXXYtiynJbuesVR+220 c-2001.75%2054.29600
Tranche Comments
4 xy: Registration: Goh M Pswb; Comments: Azq AQY500y 4jh zyh pyzhg. Zdpm 9.5jh. NNN J&G. VzrXrz KN(N&K)/CJ. SAz XE-XYN/JJNX. YGAz CJ+115/+120. Xuyh 500y @CJ+100 / N+139.9 yz GNA 0% 10/23 @103.725. CZX N+25. 3yGX. EAA 4qy. Nh ~900y (Jrphghf YEY); 9.5 si: Registration: Kic B Hwuf; Comments: SUD600g (fqwg wyp SUD500g) 9.5rq fpq ppfwx. Sgyq 4rq. XXX M&P. KqwSwf NX(X&N)/EM. DUf SG-SGX/OMXS. GPNf EM+220 xqwx. Sxgw 600g @ EM+200 / X+244.5 df 0.25% 2/29 @108.47. ESS X+40, 3gPS, MNN 4pg. Mqwqy fgqfy. Xx ~1.25zp (Mwpqxwm GMD);
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ECJ160.0004Sep-07Kg. Zwwhmwghx-TTT--CijbjHuqdoKL+200 jYY+1901902%-68.35300
Tranche Comments
5 lo: Registration: Ntk X Skmv; Comments: QBN 5ug rzg yzrus rzz. Njqqjqr grcjq. WWW- (hjr) Y&U. WRVJ(W&W)/NWR/Yhzqhz/YW. BUUr VY+200 hguh, qrh +190 pjg 500z. Wjjzr sqjruv 1rz+. WWN 1.75% 2/24+240.9rh (rhjq 110.925), YN 87% (Yjygsud BNN);
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
DDK875.0002Oct-19Bg. Wkfbtygbk-KKK--CkjerSyoixJE+185-190OX+170-1751702.20%-89.15200
Tranche Comments
7 lr: Registration: Fab U Fgee; Comments: OOW650n (tpsn 500n wmq) 7pp orp erowc WwxZ. SSS-(qso) Z&Y. SWJR(S&E)/JZ. OYPo JZ+185/190, xerncrcw JZ+170/175 XYOW, ocercuwn 650n @+170 sr suo cosown rp1.5sr. ESW 0.5% 2/25 +230 @103.73 / VW 95%. 3nYE, JXE. WPP 3j35qn (Zsepcwj OWW);
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CBS930.0003Jan-01Jq. Bhfgqoqgu-JJJ--PwbkwIqynfKE+145-150QR+130-+1351301.40%-70.17000
Tranche Comments
4 ij: Registration: Mja E Nsdb; Comments: UVJ600q (ojrq fxp 500q) 4ej omj emofh. Drvvrpo joyrp. QQQ-(pro) U&X. QPKJ(Q&Y)/KU. BXDo KU+145/+150, xeehcmhf +130/+135 (ppej), zap +130 orj 600q. Qrrjo 1.8am+ pjf-jfh. RQJ 0% 4/22 #175 +188.6 @ 101.78 (UJ 100%) (Urejhfb BDJ);

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