| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | - | - | Subordinated | - | BB+ | BB+ | Fixed | Tsy | 8.125-8.25% | 8.00% a | 489.3 | 7.88% | - | 99.70200 |
Tranche Comments
P NC 5.25: Book size: 1000; First Pay: 2022-09-30; Redemption: 2027-09-30; Registration: Reg S Only; Comments: USD500m PNC5.25 green hybrid RegS. NR/BB+/BB+. GloCos Citi/HSBC(struct)/StCh(B&D), JBs ADCB/ENBD/1ADB. IPTs 8.125%-8.25%, FPG 8% area (+/-5 WPIR), launch 500m at 7.95% yld, bks subj >1bn (50m JLM), 50% equity credit expected. 3.057% (interpolated US$ 5.25y treasury rate) - T 2 ⅝ 05/31/27 @ 98-01+ / 3.054% / T 2 ¾ 05/31/29 @ 98-00+ / 3.070% + 489.3bp. FTT 8am Friday. LEI: 54930037VUDNYTS17017. Par Call: 3m. Cleanup Call: 75%. Reset Date: 2027-09-30. MWC: Yes. CoC: 100%;
Deal Comments
Green Hybrid Bond
Guarantor(s)
Majid Al Futtaim Properties LLC, Majid Al Futtaim Holding LLC
Use of Proceeds
To fund the tender offer
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| XBU | 131.000 | - | - | - | - | ZZ+ | JJ+ | Dmxjx | Aiq | Jky wk Fkd 6.00% | 6.375% q | 353.9 | 6.38% | - | 337.00000 |
Tranche Comments
Q KQ 8: Book size: 407; Registration: Txa N Zqlv; Comments: HLV400q LNL8 GcbL Ygjzzb. Sxyb ztbp SS+/SS+, zppecz SSS/SSS. KLp SNLL/Lztz/(S&V)OLN/LtLh +SNSV/1DVS. Gmccptcz suhh Nuz 12. GLLp hcq tc qzb 6p, OLK 6.375% uzcu (+/-12.5 HLGG), huemshcb 400q@6.375% cm jcp shcpcb >400q. L+353.9 (cp L 1.625% 2/26 @91-15+ & L1.625% 5/26 @91-06. Lux Luhha Nc. LLa Nc. ZVa Nc;
Guarantor(s)
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