| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 300.000 | 8 | Oct-29 | Sr. Unsecured | B1 | B | - | Fixed | Tsy | - | 4.75-4.875% | 343 | 4.75% | - | 100.00000 |
Tranche Comments
8 yr: Redemption: 2024-10-15; Registration: 144A/Reg S; Comments: US$300m 4.75% cpn 8yr (10/15/29) NC3 (10/15/24) at 100.00, yld 4.75%. Spread: T+343bp. MWC T+50bp prior to 10/15/24, and then 102.375, 101.188, 100.00. Equity clawback: Up to 35% at 104.75. Settle: 10/21/21. 144a CUSIP: 00185PAA9. CoC: 101%;
Use of Proceeds
To fund the acquisition of Chubb Limited’s fire & security businesses