| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 4 | Feb-25 | Sr. Unsecured | Ba3 | NR | BB- | Fixed | Swaps | 4.875% a | 4.45-4.75% | 404.1 | 4.88% | - | 101.54700 |
| USD | 1,750.000 | 10 | Jan-31 | Sr. Unsecured | Ba3 | NR | BB- | Fixed | Swaps | 6.625% a | 6.25-6.375% a | 511.6 | 6.25% | - | 100.00000 |
| USD | 1,000.000 | 30 | Jan-51 | Sr. Unsecured | Ba3 | NR | BB- | Fixed | Swaps | 7.625-7.75% | 7.25-7.5% a | 562.7 | 7% | - | 96.95900 |
Tranche Comments
4 yr: Registration: 144A/Reg S; Comments: USD500m tap of 4.875% Feb 2025 RegS/144A. Part of 3-tr. Ba3/NR/BB-. GCs Citi/HSBC/JPM/StCh(B&D). JBs Dhofar/GIB/Natx/QNB. IPTs 4.875% area, guidance 4.625%/4.75%, launch 500m @ 4.45%. Combined bks >15bn pre rec, skew to 10yr, MS+404.1. Priced Thurs. LEI: 549300SZ20F0QTKNQC75;
10 yr: Registration: 144A/Reg S; Comments: USD1.75bn 10yr RegS/144A. Part of 3-tr. Ba3/NR/BB-. GCs Citi/HSBC/JPM/StCh(B&D). JBs Dhofar/GIB/Natx/QNB. IPTs 6.625% area, guidance 6.375% area, launch 1.75bn at 6.25%. Combined bks >15bn pre rec, skew to 10yr, MS+511.6. Priced Thurs. LEI: 549300SZ20F0QTKNQC75;
30 yr: Registration: 144A/Reg S; Comments: USD1bn 30yr RegS/144A. Part of 3-tr. Ba3/NR/BB-. GCs Citi/HSBC/JPM/StCh(B&D). JBs Dhofar/GIB/Natx/QNB. IPTs 7.625%/7.75%, guidance 7.5% area. Launch 1bn at 7.25%. Combined bks >15bn pre rec, skew to 10yr, MS+562.7 . Priced Thurs. LEI: 549300SZ20F0QTKNQC75;
Deal Comments
USD500m tap of 4.875% due 2/1/2025