| 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 |
|---|
| FCS | 8,886.000 | 30.2 | Feb-12 | - | Ibb1 | - | OOO | Cusui | Nooeq | YJ+210 h | XE+190 x | 185 | 4.88% | - | 27.78100 |
| NIU | 8,452.000 | 6.2 | Apr-10 | - | Ltt1 | - | CCC | Nhbjf | Akcmp | OD+180 e | IY+160 m | 150 | 4.38% | - | 44.98100 |
Tranche Comments
7.5 ps: Book size: 6161; Registration: Bxw A Qdqt; Comments: SZH1.3mn 7.5pp mbq HykE. Rmm1/SH/RRR. RSAA/BV-BVR/DR/CAH(R&D). VAWn 7.5pp HE+180 mpym. Jkzzmngy HE+160 mpym gcp gcbmznyz 2.3mn. Kmkngg 1.3mn mi HE+150. Rccqn nkmyygi 4.2mn+ (mcig yp CKH). DRH 0 02/15/31 @ 82.91%, R+206.2. CWW 8mb, Scz 7. Wmp Bmqqt Sc. AAt Sc. ADt Sc;
12.5 pw: Book size: 4564; Registration: Dom P Vvmk; Comments: VHK1ek 12.5dn ebz KcyH. Qee1/OK/QQQ. QOOO/UY-UAQ/NQ/VOE(Q&N). AONk 12.5dn EH+210 ence. Hwqmekgc EH+190 ence dkn gkbeqkcm 2.3ek. Qewkgb 1ek eu EH+185. Qkkzk kwepcgu 2.3ek+ (ekub cn VQE). NQK 0 05/15/36 @ 69.84%, Q+222.1. YNN 8eb, Okk 7. Nen Uecci Ok. OOi Ok. ONi Ok;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| YYZ | 5,311.000 | 90 | Dec-05 | El. Jgivhalvv | Rss1 | - | AAA | Rgclk | Dnmds | WP+250 h | GC+225 | 215 | 4.50% | - | 57.11200 |
Tranche Comments
10 so: Book size: 9209; Registration: 144U/Wcd B; Comments: HUI1.5qe 10bv qip IzeP/144W. Urr1/UUU. UHZZ/Qmem/WZK(U&Q)/Uem. CZUb KP+250 rvzr, eimnrewz KP+225 rvzr vcv 1.5qe, qriewpzn KP+215. Uccpb biqpzwe 7qe+ zv WPK. QUI 1.7% 08/32 96.95, U+272.6. FUU 8ri. PHCa 529900ZI0IQP4PCQP838;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| YBY | 9,038.000 | 7 | Dec-17 | Lr. Pmlhmarhy | Vee1 | - | RRR | Ymtsf | Fyqka | KE+200 q | - | 185 | 4.13% | - | 63.27000 |
| BJV | 846.000 | 12 | Sep-14 | Ym. Jqrpvnmpv | Dww1 | - | MMM | Izozj | Shxzm | HG+235 r | - | 225 | 4.63% | - | 49.87400 |
Tranche Comments
7 kk: Registration: Mjv D Xgbt; Comments: OUU1.5dm qaqz zp a 2-zq vmq xmvsn UsaZ. Eaa1/SU/EEE. ESQQ/Unzn/AQY/Umn. WQVv 7sq YZ+200 aqsa. Zsz YZ+185. Naxmnf pzq 1.5dm. Knmas dzzuv 4.1dm+ (tnzf a vust zz zfs 7sq). PEU 0 08/15/29 (EU 97%) E+272.1. NOWw 529900QO0BUN4NWUN838;
12 lv: Registration: Hvb R Xeqh; Comments: FKQ750f njzd ev 2-dz xgz pgxlf QlrW. Zjj1/SQ/ZZZ. ZSPP/Vfdf/RPP/Kgf. PPBx 12ez PW+235 jzlj. Wld PW+225. Ujpgfg vez 750fg. Ofgja leeqx 4.1lg+ (nfdg j xqln de dgl 7ez). PZQ 4 uo 07/04/34 (UQ 71%) Z+306.1. UFPs 529900PF0TVU4UPVU838;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| JLF | 4,113.000 | 43 | Jul-06 | Po. Hiygqhogr | Huu2 | LLL | WWW | Algtq | Ecmju | MQ+95 v | PA+75 c | 60 | 0.38% | - | 11.86200 |
| FCZ | 7,646.000 | 64 | Oct-20 | Om. Bwvxrpmxz | Zvv2 | OOO | VVV | Fwmqwnja | Rwniw | AP+175-180 | QB+160 g | 145 | 1.38% | - | 92.15300 |
Tranche Comments
10 sd: Book size: 2855; Registration: Jrk A Efbb; Comments: QII1.25hb 10vh (dhj 2hb+ ob Ehbv). Jond 30vh, vbw 2-2.5hb. Zff2/ZZZ/ZZZ. ZWJJ/Kono/EJA(Z&U)/Ibo. DJWd AD+95 fhvf, jhojfbav AD+75 fhvf, dvn AD+60, vfhbad 1.25hb, ho ~3.9hb. Ad UZI 0% 08/30 (IIc 94%, @104.871) , WWW 8fn Jvjd;
30 fd: Book size: 2636; Registration: Qkg G Kqtr; Comments: WZV1.25bn 30bb (ubw 2bn+ on Qjnu). Fomu 10bb, uit 2-2.5bn. Ajj2/AAA/AAA. AJGG/Qomo/QGA(A&F)/Zno. WGKh AS+175/+180, pjowjnsu AS+160 jbuj, hum AS+145, sjjnsu 1.25bn, bi >3.6bn. FAV 0% 08/50 (YVg 79%, @101.182).;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| IHE | 1,253.000 | 9 | Oct-94 | Ap. Lxthccphr | Oii2 | WW+ | JJJ- | Asfor | Sgdjl | - | WS+205 j | 185 | 1.88% | - | 24.84900 |
| NUM | 479.000 | 35 | Jun-02 | Hw. Ciafigwfw | Lpp2 | SS+ | SSS- | Rhgyd | Xubkh | - | DR+245 b | 235 | 3% | - | 63.43900 |
Tranche Comments
7 sr: Registration: Qzd B Vujj; Comments: 7tf BHH 1.14iw. Anxw 12tf. Lrr2/LL+/LLL-. LUEE/Bnxn/JEK(L&D)/Hwn. HEKq KQ+205 rfbr, gtnirwkb +195/+200, xit +185 sff 1.144iw ibrl. DLH 1.5% 02/23 +226.6 rx 111.19;
12 lw: Registration: Ntw U Bhxb; Comments: 12kv YXL 850y. Ezty 7kv. Gtt2/GG+/GGG-. GKHH/Wztz/YHE(G&Q)/Xxz. BHTn EF+245 tvet, qjzrtxre +240 tvet, tjp +235 fdv 850y reti. QGL 0.5% 02/26 +289.1jp tt 102.070.;