| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 275.000 | 6.25 | May-27 | Sr. Unsecured | NR | NR | BBB- | Fixed | G | G+270-280 | G+230-245 a | 230 | 2.38% | - | 99.51600 |
| GBP | 250.000 | 10.25 | May-31 | Sr. Unsecured | NR | NR | BBB- | Fixed | G | G+300-310 | G+260-275 a | 260 | 3.00% | - | 99.32700 |
Tranche Comments
6.25 yr: Book size: 2600; Registration: Reg S Only; Comments: GBP275m long 6yr debut green bmk snr unsec (SRI) RegS. With long 10yr. NR/NR/BBB-. BoC/Barc/BNPP/Lloyds/NatWest(B&D)/Santan. IPTs G+270/+280 vs 1.25%/ 7/27. Guidance +245 area, revised G+230/+235 WPIR for 275m, launch G+230, bk >2.6bn pre rec@tight end, peak >2.75bn, MWC G+35, 3mPC. Gilt @ 107.127 HR 87%. FTT 8am Thurs. LEI: 2138006LIAYQKUCYBB20;
10.25 yr: Book size: 2700; Registration: Reg S Only; Comments: GBP250m long 10yr debut green bmk snr unsec (SRI) RegS. With long 6yr. NR/NR/BBB-. BoC/Barc/BNPP/Lloyds/NatWest(B&D)/Santan. IPTs G+300/+310 vs 0.25%/ 7/31. Guidance +275 area, revised G+260/+265 WPIR for 250m, launch G+260, bk >2.7bn pre rec @tight end, peak >2.8bn. MWC G+40, 3mPC. Gilt @97.928 mid HR 87%. FTT 8am Thurs. LEI: 2138006LIAYQKUCYBB20;
Guarantor(s)
Whitbread PLC and Premier Inn Hotels Ltd