| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 60 | Nov-83 | - | Ba1 | BB+ | - | Fixed | B | 8.00% a | 7.25-7.375% | 470.9 | 7.13% | - | - |
Tranche Comments
60 yr: Book size: 4800; Redemption: 2029-02-09; Registration: Reg S Only; Comments: EUR500m 60NC5.25 hybrid bmk RegS. Ba1/BB+/NR. JPM(struc)/BNPP(log)/BofA(B&D). IPTs 8% area (annual yield) for exp 500m, guidance 7.5%-7.625% for 500m, revised 7.25%-7.375% wpir, launch 7.25%. Final books 4.8bn+, peak 5bn. DBR 0.25% Feb-29 + 470.9bps (88.82 / 2.541%). FTT 3:45pm. Tax Call: Yes. PP: Yes. Reset Date: 2029-02-09. Cleanup Call: 75%. Regulatory Call: Yes, Gross-Up Event. CoC: 101%. LEI: 261700SS8OEHDOCOUJ33. XD: No;
Guarantor(s)
APA Group Ltd
Use of Proceeds
Refinancing and general corporate purposes