International Distributions Services PLC (fka Royal Mail PLC)

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New Issue Deal Count

Recent New Issue

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR500.0005Sep-28Sr. Unsecured-BBB-FixedSwapsMS+220 a-2105.25%-99.57500
GBP250.0007Sep-30Sr. Unsecured-BBB-FixedGG+290-300-2907.38%-99.68500
Tranche Comments
5 yr: Book size: 1000; Registration: Reg S Only; Comments: EUR500m 5yr bmk snr unsec RegS. NR/BBB/NR. GloCos BNPP/NatWest(B&D), actives CMZ(log)/SEB/Uni, passive Caixa. IPT MS+220 area for exp 500m. Launch EUR500m at MS+210. Books 1bn+ (peak 1.1bn+). With EUR500m 2.375% 2024 tender offer. DBR 0.25% Aug-28 (bid 89.32), B+276.5, HR 100%. FTT 2:40pm. Par Call: 3m. Cleanup Call: 80%. MWC: B+45. CoC: 100%. LEI: 213800TCZZU84G8Z2M70; 7 yr: Book size: 315; Registration: Reg S Only; Comments: GBP250m 7yr bmk snr unsec RegS. NR/BBB/NR. GloCos BNPP/NatWest(B&D), actives CMZ(log)/SEB/Uni, passive Caixa. IPT UKT 0.375% Oct 2030 +290/+300 for exp 250m. Launch GBP250m at G+290. Books 315m (peak ~425m). UKT 0.375% Oct-30 @ 75.62 mid, 75.59 bid, HR 106%. FTT 2:40pm. Par Call: 3m. MWC: G+45. CoC: 100%. LEI: 213800TCZZU84G8Z2M70;
Deal Comments
Ative Bookrunners: NTW (B&D), BNP, CMZ, SEB, UNI. Passive Bookrunners: CAI
Guarantor(s)
Royal Mail Group Ltd
Use of Proceeds
Refinancing and general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OUM395.0009Jul-98Gm. Yufkjemku-XXX-QhsytIecbyFM+200 eIW+170-+1751601.25%-63.65900
Tranche Comments
7 op: Registration: Wph M Bise; Comments: Jyp JXQ500i 7qr tur autzu. ZZZ. ZKII/NKC/KexEztx(Z&I)/Xuh. NITt TR+200 erze, nahaeuuz +170/+175 yir 550i azeg, rzxhtza +160/+165 (tphr), xyp +160. Ziiqt 3.6yu+ prz-rzu. IZQ 0% 08/26 +201.4ypt (prhuza @ 105.180) (SQ 91%). ETT 4.10pi (Riaruzj NEQ);
Guarantor(s)
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