5 yr: First Pay: 2021-11-15; Redemption: 2023-05-15; Registration: 144A/Reg S; Comments: US$400m 3.85% cpn 5-year(5/15/26) at 100, yld 3.85%. MWC T+50bp. Call Schedule: First call at par plus 50% of the coupon, stepping down ratable to par. Settlement: 4/21/21. CoC: 101%;
Deal Comments
Active Bookrunners: CTI(B&D), MIZ. Passive Bookrunners: JPM, TDS, WFS