CNAC HK Finbridge Co Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR500.0004Sep-24Sr. UnsecuredBaa2A--FixedSwapsMS+205 aMS+175 a1681.13%-99.57700
USD600.0005Sep-25Sr. UnsecuredBaa2A--FixedTsy-T+235 a1852%-99.49000
USD1,000.00010Sep-30Sr. UnsecuredBaa2A--FixedTsy-T+275 a2353%-99.86300
USD200.00030Sep-50Sr. UnsecuredBaa2A--FixedTsy-4.15% a228.63.70%-100.00000
USD600.000--SubordinatedBaa3-BBBFixedTsy-3.7% a319.43.35%-100.00000
Tranche Comments
4 yr: Book size: 1750; Registration: Reg S Only; Comments: EUR500m WNG 4yr snr unsec RegS. WIth 3xUSD. Baa2/A-. Barc/BNPP/BOCI/BofA/CNCBI/CSI/CA-CIB(B&D)/GS/Haitong Intl/Natx/UBS. MS+205 area, guidance MS+175 area, launch MS+168, bk >1.75bn (385m JLM), peak >1.8bn. DBR 1.00 8/24 +195.4 @ 106.85 HR 93%. FTT 7.30am Tues. Distribution: Asia 14%, Eur 86%. AM 76%, Bks/FI 12%, PB/HF 6%, Ins/Pens/Other 6%; 5 yr: Registration: Reg S Only; Comments: USD600m 5yr 2% fxd. bmk, snr unsec RegS. Baa2/A-. Barc/BNPP/BOCI/BofA/CNCBI/CSI/CA-CIB/GS/Haitong Intl/Natx/UBS. T+235a. T+185. Distribution: Asia 72%, EMEA 18%, Offshore US 10%. FM/AM 41%, Bks/FI 13%, Pens/Sov/Ins 28%, PB 18%; 10 yr: Registration: Reg S Only; Comments: USD1bn 10yr 3% fxd. bmk, snr unsec RegS. Baa2/A-. Barc/BNPP/BOCI/BofA/CNCBI/CSI/CA-CIB/GS/Haitong Intl/Natx/UBS. T+275a. T+235bp. Distribution: Asia 68%, EMEA 25%, offshore US 7%. FM/AM 70%, Ins/Pens 13%, Bank/PB/others 17%; 30 yr: Registration: Reg S Only; Comments: USD200m 30yr 3.7% fxd. bmk, snr unsec RegS. Baa2/A-. Barc/BNPP/BOCI/BofA/CNCBI/CSI/CA-CIB/GS/Haitong Intl/Natx/UBS. 4.15% area. T+228.6bp. Distribution: Asia 76%, EMEA 18%, Offshore US 6%. FM/AM 70%, Bank/FI 5%, Pens/Ins 10%, PB 15%; P NC 3: Book size: 1890; First Pay: 2023-09-22; Registration: Reg S Only; Comments: USD600m 0yr 3.35% fxd. bmk, sub RegS. Baa3/BBB. Barc/BNPP/BOCI/BofA/CNCBI/CSI/CA-CIB/GS/Haitong Intl/Natx/UBS. 3.7% area. T3+319.4bp Mixed. Distribution: Asia 77%, EMEA 18%, offshore US 5%. .FM/AM 72%, Ins/Pens 5%, Bank/PB/others 23%;
Guarantor(s)
China National Chemical Corp
Use of Proceeds
Mixed
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
HWZ272.0008.2Invalid dateVo. XkolclolbHuu2-U-HntiuGQX-2.65-2.75%-3.38%-616.96600
Tranche Comments
4.3 qv: Registration: Fta I Tfqy; Comments: OSJ200t 4.3vw 3.375% ovr. olw plolw RlmS. Rjj2/W-. TVTRI. 2.65%-2.75%. Rivlr;
Guarantor(s)
Iizkf Tfbzxkft Iiigznft Ixvo Ibd
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UKF602.0008Invalid dateOh. ArwjxwhjhUxx2-G-LpusfBiz-I+160u1353.13%-77.54700
MOX627.0001Invalid dateCf. XmoqesfqlOvv2-V-TxjxwCvp-Z+190e1553.38%-30.48100
AES474.00099Invalid dateYl. MvqfyslftBkk2-U-AvimkQid-U+220g182.53.88%-22.73700
MJO814.00055Invalid dateJx. LklxxyxxqJzz2-W-MbtahVab-4.95% w212.94.75%-883.00000
Tranche Comments
3 kt: Book size: 8242; Registration: Yij V Rjos; Comments: TUQ300g 3is jms smjsc EsvU. Lgg2/R-. LSZZ/LSVE(L&Q)/VSVLE/VU/JU/Lgsc/Egqd/LRZC/Sgkz/TLU. Y+160g. Vggs 300g @ Y+135 (Y 205/31/21 @99-252, LE147%) (Udsscsf ETE); 5 fu: Book size: 8685; Registration: Zvz X Gelo; Comments: UER900y 5cr lnr lnlra DryE. Bpp2/A-. BXXX/BVWR/WXWBR/WE(B&R)/ZE/Bpra/Dpzi/BAAO/Xpab/UBE. Z+190p. Wpyr Z+155 cl Z 2 05/31/24 @100-19 JD96% (Eilrars RND); 10 ow: Book size: 2939; Registration: Rwq Y Rqqb; Comments: KJR9000w 10fd Ydi. qhd jhqdn Zdm J ghsf. Quu2/Z-. QYRR/QBKX(Q&R)/KYKQX/KJ/EJ/Qudn/Zumg/QZQD/Yuld/KQJ. U+220u. Kuwd 900w @ U+182.5 hq U 2 05/15/29 @102-07 KZ90% (Jgjdndo XYZ); 30 ie: Book size: 5518; Registration: Trp U Rkud; Comments: PEX200e 30ul jjl qjjdp BdfE. Wgg2/Z-. WQRR/WXYP/YQYWP/YE(W&X)/WE/Wglp/Bgek/WZYK/Qguf/PWE. 4.95%g. Yged 200e gu 4.75%, XKW +212.9 sj S 3 02/15/49 @107-25 QB74% (Ekqlpdh PBB);
Deal Comments
Jwupi Nwwlgdppogoz WVR(N&T) (5ug, 30ug)t NIW(N&T) (3ug, 10ug)
Guarantor(s)
Qgbyx Yxhbzyxs Qggbbhxs Qzok Rhr
Use of Proceeds
Vqhqnij Iknbknitq Qgnbkvqv
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VQX9,883.0009Invalid dateRz. Fzqjehzjj-KKKG-BvllmFsf-O+200k182.54.13%-31.81700
FLZ8,648.00099Invalid dateQr. Fvmszprsg-DDDP-IlcmhDdo-A+250y2355.13%-48.91000
PZL661.00024Invalid dateXb. Drmnwvbng-PPPC-PcsorDjk-5.5236.25.50%-463.00000
BCX5,727.0004Invalid dateLa. Hrhonqaod-DDDW-QbvrkZhg-A+220y202.54.63%-36.23600
HVQ5,885.0007Invalid dateHq. Irtiopqig-UUUF-QloesNxcdpCD+165 fNG+150-1551501.75%-13.32800
ZGH395.0001Invalid dateTw. Xinrynwra-QQQN-MfwrbPsr-A+235g2204.88%-92.18600
Tranche Comments
4 cz: Registration: Upf T Otvl; Comments: AAV1.2dj 4ni. +4-qi ACJ. PYMM/Pviy/PDBB/POIQ/IqIQDQI/IMA/IY/IC/FYJP/CCPI/Qjbcnq/MC/MAFD/Dvqb/Vvdz/Cvjqvj(P&J)/CD/Ajr. Dvbo MC+165 vinv, jcrbn MC+150/155 IBQV, yvin 1.2dj@+150, don ybznnb y.2dj. OPM 0% Ydi 2022 CV 98%. OPM175+199.2 @100.68/CV98%. FDD8vi Dqci. MIIf P+30dd. BBf Dz. PJf Dz. Dvb Ivbbf Dz; 3 up: Registration: Tkd S Jdlu; Comments: URE1fv 3.000pn 4.125% Fyr. fzb, kvn mvksz Wsn R zvsp. JJJ/A-. JAKE/Jenz/JRSS/JMQURTE /QA-QUJ/QR/Uvh/FRJQ/Uvrmkbnhes/KR/KUFT/RT/Wefz/Revbevrsn/QRQJU/Reby/QKR/1AEJ. T+200e. T+182.5. SSw Rz. OEw Rz. Tey Qessw Rz; 5 wd: Registration: Ttj E Kkzy; Comments: VSS1.30bn 5.000yq 4.625% Yvd. bwj, rnq pnrjc Bjj S nndy. III/R-. IRBR/Ibqc/IAYY/IFVJAUR /VR-VJI/VS/Vny/KSIV/Jndprjqybd/BS/BVYI/SI/Bbbn/Sbnjbndjq/VAVIJ/VBH/Abjv/1RSI. U+220b. U+202.5. YYm An. SSm An. Ubv Vbddm An; 7 or: Registration: Zsu T Pwci; Comments: SEQ800h 7.000rv 4.875% Wjz. bhm, zrv xrzqf Vqe E erjr. SSS/W-. SWWS/Spvf/SIJJ/SWVFINS /VW-VFS/VE/Srk/IESV/Frzxzhvkpj/WE/WSWF/EF/Vpbe/Eprhprzqv/VIVSF/Iphj/VWE/1WQS. N+235p. N+220. JJy Ie. JQy Ie. Npj Vpjjy Ie; 10 an: Registration: Lej S Xsmo; Comments: WQK1.75rp 10yn rwy, hpn vphrj Drs Q ypmy. DDD/U-. DURA/Dsnj/DVNN/DLMIVOA /MU-MID/MQ/Wpj/TQDM/Ipcvhgnjsm/RQ/RWHN/QN/Dsry/Qspgspcrn. O+250s. NNd Vy. SKd Vy. Osf Msmmd Vy; 30 sg: Registration: Kux X Wghk; Comments: JED100e 30hm 5.50% Fbn. vem, bqm jqbzp Wzm E rqnh. UUU/D-. UDFY/Urmp/USLL/ULUBSFY /UD-UBU/UE/Jqe/WEUU/Bqnjbnmern/FE/FJFG/EG/Wrvr/Erqnrqnzm/USUUB/Srnb/UFR/1DDU. 5.50%. F+236.2. LLo Sr. VDo Sr. Frb Urnno Sr;
Use of Proceeds
Rkbkyqk Jiyeiyqyk Wwyeimkm
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CCI575.0004Invalid dateSh. Dkamhqhmr-CCCZ-AhhyiXkb-P+180 x1503.00%-29.69600
PJN7,208.0006Invalid dateRo. Zllqieoqo-OOOD-SfrvoXam-W+200 o1653.50%-49.21200
VBR3,155.00052Invalid dateFw. Sixrsmwrx-RRRK-CapohVpj-C+220 e1854.13%-23.44000
Tranche Comments
3 pj: Registration: Kdz C Uogt; Comments: XYA500a fgv sgfuz T+150 Wup Y qgpe. EEE/D-. 3ev WSAn T+185ny mvum, QSAn T+150ny-155ny, qpsv 5ev/10ev svmgzvu. EUSS/ETYWUTT/YUYEW/YY/YYEY/MY/YD/Umsg/YWYW/YSAE/Xgp/ Wmnqnmga/Wgmsfsvpmp Emga,; 5 tx: Registration: Qoi J Veig; Comments: KTU1.5qs X+165 vsl zsvfm Wfs T wsue. YYY/D-. 5el XZGb X+200qo llfl, VZGb X+165qo-170qo, nmbz 3el/10el bllmsmzf, olmmf bwfle YXZZ/YKCXXXR/CXCYX/CT/VTYC/TT/CD/Xlbm/CXTX/TZUY/Ksm/ Wlqwqlsw/Xsfzvblmlu Ylsw,; 10 gq: Registration: Jgk X Qzgt; Comments: XAE1vz ozb szoqw S+185 Kqn A gzzf. BBB/D-. 10fb JAZr S+220vo bbqb, JAZr S+185vo-190vo, umfw 3fb/5fb fbbwzwwq, obmwq fgbbf BKAA/BDJJKSK/JKJBJ/JA/DABJ/IA/JD/Kbfs/JJAJ/AAEB/Xzm/ Kbvgvbzk/Jzbsofbmbz Bbzk,;
Guarantor(s)
Cwyyb Ebjyoybj Cwvfyrbj Coxroxbjyoy

B&I

BWICS & Inventory

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TRACE

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Research