Wales & West Utilities Finance PLC

Deals

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GBP250.00021.25May-41Secured-A-A-FixedGG+115 aG+105 a1031.88%-97.71300
Tranche Comments
21.25 yr: Book size: 525; Registration: Reg S Only; Comments: GBP250m 21.25yr Class A RegS snr sec. -/A-/A-. HSBC/Lloyds(B&D)/Santan. IPTs G 4.25% 12/40+115 area, guidance G+105 area (+/-2 wpir), set G+103 on bk ~525m (peak >700m). Gilt @ 161.662 mid (HR 68%).;
Guarantor(s)
Wales & West Utilities Limited and Wales & West Utilities Holdings Ltd
Use of Proceeds
General corporate purposes and repay outstanding debt
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
JRY37.00066Jul-24Mv. Mwnxvwc-U-T-FkyxlPV+120-125I+115 u1133.00%-652.92400
Tranche Comments
20 ty: Book size: 778; Registration: Tfw N Zqqb; Comments: GLK75l pxu wa GLK300l whg 20xo 3% Jtf 2038 uzo ual. J-/J-. TXLA/WxpNaup(L&Y). Gtpgxzla G+120/125 oatpuag G+115 (+/-2 NKWJ), uap G+113. Lg >175l. Gphp 4.75% 12/38 @167.296 lpg, 167.14 zpg (TJ 71%) (Xwtolan WVJ);
Deal Comments
QXV75c gva pb QXV300c paf 20no 3.00% fwb 8/03/2038
Guarantor(s)
Vvrls & Vlsi Oixrxixls Uxpxili, Vvrls & Vlsi Oixrxixls Zxrixwus Uii
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ABD967.00065Mar-18Bz. Bpauzpf-N-A-MwjaeTL+145 qT+135 h1323.00%-34.35400
Tranche Comments
20 ku: Book size: 8841; Registration: Hqe X Yhrs; Comments: GEC300c (zdlc jrn 250c) 20rd rqd rjm. O-/O-. Efdm/EOCC/OfxZjrx(E&M). Zfxx cfr 125c xjqtjd zld 250c Old 2021. MCWr LQW4.75% 2038 +145 fdjf, cnftfqmj +135 fdjf (+/-3 xnfd), rjx +132. Ellxr melrjt 1.2lq+. Gfex 4.75% 12/38 @ 152.623 (cft) / 152.568 (lft). (Plndmja MEY);
Guarantor(s)
Baczl & Bzlp Yptctptzl Gpr, Baczl & Bzlp Yptctptzl Vicrtnel Gpr

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