| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 300.000 | 2 | Sep-22 | Sr. Unsecured | Baa3 | BBB | BBB | Fixed | Tsy | T+80 a | 55 | 55 | 0.70% | - | 100.00000 |
| USD | 1,000.000 | 5 | Oct-25 | Sr. Unsecured | Baa3 | BBB | BBB | Fixed | Tsy | T+120 a | 95 | 95 | 1.23% | - | 100.00000 |
| USD | 1,200.000 | 7 | Oct-27 | Sr. Unsecured | Baa3 | BBB | BBB | Fixed | Tsy | T+160 a | 135 | 135 | 1.83% | - | 99.99900 |
| USD | 1,500.000 | 10 | Nov-30 | Sr. Unsecured | Baa3 | BBB | BBB | Fixed | Tsy | T+180 a | 160 | 160 | 2.30% | - | 99.99800 |
| USD | 750.000 | 20 | Nov-40 | Sr. Unsecured | Baa3 | BBB | BBB | Fixed | Tsy | T+210 a | 180 | 180 | 3.27% | - | 99.99400 |
| USD | 1,500.000 | 30 | Dec-50 | Sr. Unsecured | Baa3 | BBB | BBB | Fixed | Tsy | T+230 a | 200 | 200 | 3.47% | - | 99.99100 |
Tranche Comments
2 yr: Book size: 3950; Registration: 144A/Reg S; Comments: US$300m 0.697% cpn 2-year(9/15/22) at 100, yld 0.697. Spread: T+55bp. MWC T+10bp.;
5 yr: Book size: 3970; Registration: 144A/Reg S; Comments: US$1bn 1.23% cpn 5-year(10/1/25) at 100, yld 1.23%. Spread: T+95bp. MWC T+15bp.;
7 yr: Book size: 5830; Registration: 144A/Reg S; Comments: US$1.2bn 1.832% cpn 7-year(10/15/27) 99.999, yld 1.832%. Spread: T+135bp. MWC T+25bp.;
10 yr: Book size: 5130; Registration: 144A/Reg S; Comments: US$1.5bn 2.30% cpn 10-year(11/1/30) at 99.998, yld 2.30%. Spread: T+160bp. MWC T+25bp;
20 yr: Book size: 6570; Registration: 144A/Reg S; Comments: US$750m 3.268% cpn 20-year(11/15/40) at 99.994, yld 3.268%. Spread: T+180bp. MWC T+30bp;
30 yr: Book size: 5870; Registration: 144A/Reg S; Comments: US$1.5bn 3.468% cpn 30-year(12/1/50) at 99.991, yld 3.468%. Spread: T+200bp. MWC T+30bp;
Deal Comments
Active Bookrunners: MOS(B&D), CSG, CTI, JPM. Passive Bookrunners: BNP, MIZ, BRC, MUF, MIZ, SMB.
Use of Proceeds
To fund the Special Cash Payment to DuPont on the closing date of the Merger.