| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 2 | Dec-23 | Sr. Unsecured | Baa2 | BBB | - | Fixed | Swaps | MS+45 a | MS+25-30 | 25 | 0.00% | - | 100.23400 |
| EUR | 600.000 | 5 | Dec-26 | Sr. Unsecured | Baa2 | BBB | - | Fixed | Swaps | MS+70-75 | MS+45-50 | 45 | 0.32% | - | 100.00000 |
| EUR | 500.000 | 10 | Dec-31 | Sr. Unsecured | Baa2 | BBB | - | Fixed | Swaps | MS+100-105 | MS+80 a | 78 | 0.93% | - | 100.00000 |
Tranche Comments
2 yr: First Pay: 2022-11-12; Registration: Registered; Comments: EUR500m 2yr snr unsec SEC Regd. With exp 1.6bn 3-tr 2yr/5yr/10yr. Baa2/BBB. MS(log)/HSBC/JPM(B&D). IPTs MS+45 area, guidance MS+25/+30,launch 500m at MS+25. MWC, 1mPC. Via Highland Holdings Sarl. LEI: 549300WGY8GPJM4PQR36. CoC: 101%;
5 yr: First Pay: 2022-12-15; Registration: Registered; Comments: EUR600m 5yr snr unsec SEC Regd. With exp 1.6bn 3-tr 2yr/5yr/10yr. Baa2/BBB. MS(log)/HSBC/JPM(B&D). IPTs MS+70/+75, guidance MS+45/+50,launch 600m at MS+45. MWC B+15, 3mPC. Via Highland Holdings Sarl. LEI: 549300WGY8GPJM4PQR36. CoC: 101%;
10 yr: First Pay: 2022-12-15; Registration: Registered; Comments: EUR500m 10yr snr unsec SEC Regd. With exp 1.6bn 3-tr 2yr/5yr/10yr. Baa2/BBB. MS(log)/HSBC/JPM(B&D). IPTs MS+100/+105, guidance MS+80 area (+/-2), launch 500m @MS+78. MWC B+20, 3mPC. Via Highland Holdings Sarl. LEI: 549300WGY8GPJM4PQR36. CoC: 101%;
Guarantor(s)
Otis Worldwide Corp
Use of Proceeds
To purchase shares of Zardoya Otis SA and to pay fees and expenses