| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 750.000 | 2 | Mar-25 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+70 a | T+45 | 45 | 5.50% | - | 99.96300 |
| USD | 750.000 | 3 | Mar-26 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+85 a | T+60 | 60 | 5.35% | - | 99.94300 |
| USD | 1,000.000 | 5 | Mar-28 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+100 a | T+75 | 75 | 5.05% | - | 99.84700 |
| USD | 1,000.000 | 7 | Mar-30 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+115 a | T+85 | 85 | 5.00% | - | 99.74900 |
| USD | 1,250.000 | 10 | Mar-33 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+125 a | T+95 | 95 | 4.90% | - | 99.78100 |
| USD | 750.000 | 20 | Mar-43 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+130 a | T+100 | 100 | 5.10% | - | 99.73900 |
| USD | 1,500.000 | 30 | Mar-53 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+150 a | T+120 | 120 | 5.05% | - | 99.35800 |
| USD | 750.000 | 40 | Mar-63 | Sr. Unsecured | A1 | A | - | Fixed | Tsy | T+165 a | T+135 | 135 | 5.20% | - | 99.30000 |
Tranche Comments
2 yr: Book size: 3900; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$750m 5.50% cpn 2yr (3/22/25) at 99.963, yld 5.52%. Spread: T+45bp. MWC T+10bp;
3 yr: Book size: 4500; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$750m 5.35% cpn 3yr (3/22/26) at 99.943, yld 5.371%. Spread: T+60bp. MWC T+10bp;
5 yr: Book size: 4500; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$1bn 5.05% cpn 5yr (3/22/28) at 99.847, yld 5.085%. Spread: T+75bp. MWC T+15bp. Par Call: 1m;
7 yr: Book size: 3800; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$1bn 5.00% cpn 7yr (3/22/30) at 99.749, yld 5.043%. Spread: T+85bp. MWC T+15bp. Par Call: 2m;
10 yr: Book size: 4900; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$1,25bn 4.90% cpn 10yr (3/22/33) at 99.781, yld 4.928%. Spread: T+95bp. MWC T+15bp. Par Call: 3m;
20 yr: Book size: 4500; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$750m 5.10% cpn 20yr (3/22/43) at 99.739, yld 5.121%. Spread: T+100bp. MWC T+15bp. Par Call: 6m;
30 yr: Book size: 7300; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$1.5bn 5.05% cpn 30yr (3/22/53) at 99.358, yld 5.092%. Spread: T+120bp. MWC T+20bp. Par Call: 6m;
40 yr: Book size: 7200; First Pay: 2023-09-22; Registration: 144A/Reg S; Comments: US$750m 5.20% cpn 40yr (3/22/63) at 99.30, yld 5.242%. Spread: T+135bp. MWC T+25bp. Par Call: 6m;
Guarantor(s)
Johnson & Johnson
Use of Proceeds
Repay debt