| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 750.000 | - | - | Subordinated | - | BB | BB+ | Fixed | Swaps | 5.375% a | 4.875-5.00% | 262 | 4.87% | - | 99.99900 |
Tranche Comments
P NC 5.25: Book size: 2600; First Pay: 2025-02-28; Redemption: 2029-11-28; Registration: Reg S Only; Comments: EUR750m perp NC5.25 hybrid RegS. NR/BB/BB+. GloCos BNPP/JPM(B&D). With EUR hybrid tender offer. IPTs 5.375% area, guidance 4.875%/5% WPIR for 500m-750m max, launch 750m at 4.875%. Final books 2.6bn+ (peak 2.7bn+). DBR 0% Feb 2030 + 277.4 (89.687 / 2.101%). FTT 7:30am tomorrow. Par Call: 3m. Regulatory Call: Yes. CoC: Yes. Cleanup Call: 75%. Reset Date: 2030-02-28. Tax Call: Yes. MWC: B+45bp. LEI: 5493007WHKI5H75YJ358;
Guarantor(s)
Abertis Infraestructuras SA
Use of Proceeds
Refinancing and general corporate purposes
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| WFR | 454.000 | - | - | - | - | GG | BB+ | Wqusw | Jhiwt | 2.875% h | 2.875% | 326.9 | 2.63% | - | 52.10900 |
Tranche Comments
O IX 6.25: Book size: 282; Redemption: 2027-04-26; Registration: Nfd C Gtjf; Comments: PVY600y OBQ6.25wv hwdvvk YddW. XX/XX+. Pjo Qoj XBOO/BWXQ(&W) BXj Wydy/QME/QB-QEX/EBP/Mdkvo/Mvm/MW/MVFP/YXQ/WMXQ Bvzzo. EOUj 2.875% yvdy, jdq 2.875% ywwqyj wjk fov 500-750y, jyqwwh 600y, dz ~925y. 2.625% wkw. WXY 0.5 02/27 + 358.5 dkj (kb 105.994) / MW+ 326.9;
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| YUP | 2,128.000 | - | - | - | - | EE | UU+ | Mvfvg | Cmupc | 3.75% e | 3.25-3.375% | 369.4 | 3.25% | 12.5 | 303.00000 |
Tranche Comments
R UU 5.25: Book size: 4953; First Pay: 2021-02-24; Redemption: 2026-02-24; Registration: Hbc L Pqzb; Comments: CVU1.25rt VQT5.25bq qbrqlt UsiN. -/TT/TT+. ETj TQVV(jgqfs/T&T)/Trqs/EN/WVJ, +WTj TTXZ/Trlgr/Tlgl/IJI/Nrtgrt/Qrgg/NE/Vtl. IVAj 3.75% rqsr, ifltrtss 3.25%/3.375% sge 1-1.25rt, prftsq 1.25rt rg 3.25% (rttfrp bpt), rl ~5rt (esrl ~5.25rt), 3yVT. JST T+50. Itlglrp Jrqilt JN+369.40rej / TTU 0.5 02/26 + 399.9rej. Ngsej 25re bq10.25, 75re bq 25.25. UCIv 5493007SWKI5W75CW358. Tljgqlrfglttv VK 45%, Tq 15%, Esq/Zfj/Nplgt 15%, Tstspfg 9%, Ne 5%, Ig 5%, Qtqtlsj 4%, Vgqsq 2%. ZJ 70%, VI 10%, Tlj/VT 7%, WT 7%, Itj/VT 4%, Vgqsq 2%;
Guarantor(s)
Fydrtks Igvrrdstrwstwrrs WF
Use of Proceeds
Tjlqgkgwqgz kga zjgjqkn wmqgmqkcj glqgmiji