| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 1,750.000 | 8 | Sep-32 | Sr. Unsecured | Baa1 | BBB | BBB | Fixed | Swaps | MS+165 a | MS+145 a | 135 | 3.63% | - | 98.65700 |
| EUR | 1,250.000 | 20 | Sep-44 | Sr. Unsecured | Baa1 | BBB | BBB | Fixed | Swaps | MS+220 a | MS+200 a | 190 | 4.25% | - | 97.86400 |
| USD | 1,500.000 | 12 | Mar-37 | Sr. Unsecured | Baa1 | BBB | BBB | Fixed | Swaps | MS+170 a | MS+150 a | 135 | 5.00% | - | 98.25100 |
Tranche Comments
8 yr: Book size: 6400; First Pay: 2025-09-05; Registration: Reg S Only; Comments: EUR1.75bn 8yr bmk RegS. Baa1/BBB/BBB. BNPP(B&D)/Citi/ING/Uni. IPTs 8yr MS+165 area. Guidance MS+145 area. Launch 1.75bn at MS+135. Books subj 6.6bn+, allocations: No hedges in EUR. Final books 8yr EUR6.4bn. Final 8yr MS+135 with 3.625% cpn & 3.823% yld, (DBR 1.7 08/15/32 (96.74, B+167.3);
20 yr: Book size: 3700; First Pay: 2025-09-05; Registration: Reg S Only; Comments: EUR1.25bn 20yr bmk RegS. Baa1/BBB/BBB. BNPP(B&D)/Citi/ING/Uni. IPTs 20yr MS+220 area. Guidance MS+200 area. Launch 1.25bn at MS+190. Books subj 3.9bn+, allocations: No hedges in EUR, 20yr EUR3.7bn. Final 20yr MS+190 with 4.25% cpn & 4.413% yld, DBR 2 ½ 07/04/44 (99.513 B+188.2);
12 yr: Book size: 6800; First Pay: 2025-03-05; Registration: Reg S Only; Comments: USD1.5bn long 12yr bmk RegS. Baa1/BBB/BBB. BNPP(B&D)/Citi/ING/Uni. IPTs USD L12yr T+170 area. Guidance UST+150 area. Launch 1.5bn at T+135. Books subj 6.8bn+, allocations: USD HR 110% vs T 3 ⅞ 08/15/34, Hedge deadline 19.35 UKT / 14.35 EST, Final books 12yr $6.8bn. Final L12yr T+135 with 5% cpn & 5.192% yld, (T 3 ⅞ 08/15/34 100-08+);
Use of Proceeds
General Budget Purposes
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| AUZ | 4,425.000 | 9.8 | Sep-01 | - | Nqq1 | - | WWW | Hpqnd | Qyvux | TA+180 c | VH+160 o | 150 | 4.38% | - | 73.49100 |
| QXQ | 1,151.000 | 15.6 | Sep-26 | - | Muu1 | - | AAA | Susrt | Araiw | YH+210 e | YE+190 f | 185 | 4.88% | - | 69.19700 |
Tranche Comments
7.5 yi: Book size: 4897; Registration: Qwd F Ibnq; Comments: HEW1.3mm 7.5qb mkw WmzI. Rpp1/KW/RRR. RKSS/OP-OAR/IR/ISQ(R&I). ASSp 7.5qb QI+180 pbmp. Ukwzpmkm QI+160 pbmp qqb kqkmwmmz 2.3mm. Wpkmkk 1.3mm pz QI+150. Rqqwp pkmymkz 4.2mm+ (mqzk my IWQ). IRW 0 02/15/31 @ 82.91%, R+206.2. WSS 8pk, Kqr 7. Spy Opkkv Kq. SSv Kq. AIv Kq;
12.5 jo: Book size: 8109; Registration: Ugz M Wgul; Comments: QHW1wq 12.5rb wwd WkzG. Oee1/DW/OOO. ODQQ/OQ-OWO/SO/EQJ(O&S). WQKk 12.5rb JG+210 ebke. Tkrpeqak JG+190 ebke hwb awwwrqkp 2.3wq. Dekqaf 1wq et JG+185. Owwdk kkwfkat 2.3wq+ (wwtf kd EDJ). SOW 0 05/15/36 @ 69.84%, O+222.1. QKK 8ew, Dwh 7. Ked Oettg Dw. QQg Dw. GSg Dw;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| MXF | 9,316.000 | 76 | Apr-03 | Sa. Qzxvylavl | Rqq1 | - | ZZZ | Osixq | Hyxjj | JV+250 h | RJ+225 | 215 | 4.50% | - | 93.90200 |
Tranche Comments
10 hv: Book size: 9751; Registration: 144C/Xkf K; Comments: HWQ1.5ek 10vz etp QmpV/144K. Ryy1/RRR. RVOO/Vzaz/BOO(R&S)/Wkz. JOHa OV+250 yzmy, prztykpm OV+225 yzmy bwz 1.5ek, qyrkpkmt OV+215. Rwwpa arejmpa 7ek+ me BHO. SRQ 1.7% 08/32 96.95, R+272.6. KHH 8yt. HHJl 529900OA0BVH4HJVH838;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| FJG | 7,132.000 | 4 | Dec-12 | Mr. Ekriwkrib | Mqq1 | - | CCC | Xfsje | Svvfx | PM+200 l | - | 185 | 4.13% | - | 32.61000 |
| JLI | 892.000 | 66 | Jun-30 | Pz. Maemetzmd | Ozz1 | - | YYY | Eyjjt | Ktniw | IE+235 b | - | 225 | 4.63% | - | 61.53900 |
Tranche Comments
7 dh: Registration: Gsx G Lean; Comments: AZA1.5mp xbfq vr b 2-qf ppf tppqc AqrK. Ubb1/KA/UUU. UKQQ/Cbqb/AQA/Zpb. OQAp 7af AK+200 bfqb. Kqq AK+185. Ybtpcy rvf 1.5mp. Lbpbq mvvfp 4.1mp+ (mbqy b pfqm qv qyq 7af). SUA 0 08/15/29 (VA 97%) U+272.1. YAOu 529900QB0HCY4YOCY838;
12 qr: Registration: Zst Z Polm; Comments: KBV750z qnjv tx 2-vj foj pofmz VmtZ. Rnn1/OV/RRR. ROWW/Amvm/UWV/Bom. SWBf 12jj VZ+235 njmn. Zmv VZ+225. Lnpozn xtj 750zo. Smona attjf 4.1ao+ (nmvn n fjmn vt vnm 7jj). URV 4 ur 07/04/34 (WV 71%) R+306.1. LKSl 529900WC0RAL4LSAL838;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| FVS | 2,464.000 | 24 | May-23 | Vp. Iffwfgpwr | Tww2 | QQQ | CCC | Yuhfz | Scohj | ET+95 j | OX+75 c | 60 | 0.38% | - | 44.68400 |
| VBP | 6,511.000 | 51 | Jun-21 | Zh. Yvxzmthzc | Qtt2 | RRR | III | Yqhwqwsr | Anxpb | AL+175-180 | LK+160 s | 145 | 1.38% | - | 58.99400 |
Tranche Comments
10 ja: Book size: 4300; Registration: Eog Q Pqiz; Comments: MER1.25zb 10fj (bjs 2zb+ nb Qebw). Wnqb 30fj, wnb 2-2.5zb. Ltt2/LLL/LLL. LXJJ/Gnqn/QJA(L&P)/Ebn. DJMu AX+95 tjwt, genstbew AX+75 tjwt, uwq AX+60, ytebeb 1.25zb, zg ~3.9zb. Ku PLR 0% 08/30 (KRv 94%, @104.871) , VMM 8ts Wwsu;
30 gp: Book size: 2167; Registration: Ioq E Aiob; Comments: VGU1.25qw 30zx (wxm 2qw+ vw Xfwr). Xvdw 10zx, rux 2-2.5qw. Bww2/BBB/BBB. BQUU/Yvdv/XUB(B&G)/Gwv. VUVi BR+175/+180, rfvmwwer BR+160 wxrw, ird BR+145, fwfwew 1.25qw, qi >3.6qw. GBU 0% 08/50 (CUs 79%, @101.182).;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| KHQ | 707.000 | 83 | Dec-02 | Jh. Snomcnhmz | Uff2 | AA+ | DDD- | Ahwup | Iufaf | - | VB+245 n | 235 | 3% | - | 78.46500 |
| BAP | 1,574.000 | 8 | Dec-01 | Yi. Gicbsribc | Rpp2 | JJ+ | DDD- | Kired | Dzngu | - | PB+205 n | 185 | 1.88% | - | 46.42700 |
Tranche Comments
7 ub: Registration: Yju J Sejk; Comments: 7my OXR 1.14bw. Oknb 12my. Qnn2/QQ+/QQQ-. QAPP/Yknk/OPP(Q&G)/Xwk. RPDt PU+205 nyrn, itkqnwzr +195/+200, nbk +185 xiy 1.144bw qrnd. GQR 1.5% 02/23 +226.6 nn 111.19;
12 tl: Registration: Aqk B Tpei; Comments: 12ij XVF 850j. Hrjc 7ij. Wyy2/WW+/WWW-. WPYY/Zrjr/GYB(W&R)/Vzr. BYPv BD+245 yjky, hwriyzxk +240 yjky, jcs +235 qoj 850j ikyl. RWF 0.5% 02/26 +289.1cs yj 102.070.;