IFR Magazine – June 08, 2019

BONDS SUMMARY DETAILS

Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution

3mL+35 area,

3mL+35 (+/-2)

• 
  
  
  
  • A2/A+ JPM/PNC -
  
  
  
  

T+140/145,

T+125

• U$2.5bn A3/A- BAML/GS/JPM/MS -

T+90/95,

T+80 (#)

5 U$2.4bn Aa3/A GS/JPM/MS/TD -

T+250 area,

T+237.5

22.5 U$1bn Baa3/BBB BAML/JPM/WFS -

MS+80 area,

MS+65 (+/-2)

7 >€1.54bn, >120acs A1/A- Miz/BNPP/GS/HSBC/Natx Eur 97%, Asia 3%. AM/Bks/Ins/CB.

MS+185 area 2 ~€4.3bn Baa1/BBB/A Barc/Citi/MS/Natx Fr 46%, UK/Ire 18%, Ger/Aus 11%, S.Eur

10%, Benelux 9%, Nordics 3%, Asia 2%,

Switz 1%. AM 60%, Ins/PF 27%, Bks/PB

8%, CB/OI 4%, Other 1%.

MS+120 area,

MS+100 area

• 
  

  
  

  €2.3bn Baa1/BBB/A- Barc/BAML/CS/JPM -

  
  

  
  

MS+160 area,

MS+145 area

• 
  

  
  

  €1.25bn Baa1/BBB/A- Barc/BAML/CS/JPM -

  
  

  
  

MS+75 area,

MS+60 (+/-2)

• 
  

  
  

  €1.2bn A1/AA- Barc/JPM/NAB/UBS -

  
  

  
  

7.625% area,

7.25% (+/-12.5),

7.125%

25 - Ba3/B+/BB+ Barc -

G+120 area ,

G+115/120

7 >£650m Aa3/A/A- HSBC -

MS+43 area 0 SFr200m, 55acs Aa3/AA-/AA- CS/UBS Switz 100%. AM 62.5%, Ins 17.5%, PF

9%, PB 8.5%, Tsy 2.5%.

2.375%/2.5%,

2.375%

• SFr300m, >40acs Baa2 UBS/ZKB Switz 100%. Bks/PB 79.4%, Ins 9%, PF
  5.9%, AM 3.5%, Tsy 2.3%.


• 
  
  
  
  • 
    
    
    
    • -/A- SEB -
    
    
    
    
  
  
  
  

MS+12 area - - Aaa CS/Raiff/UBS -

MS+6 area - - Aaa CS/Raiff/UBS -

MS+5 area - - Aaa CS/Raiff/UBS -

MS+4 area - - Aaa CS/Raiff/UBS -

6.75% area,

6.625%

• 
  
  
  
  • -/B- STRH/CA-CIB/BAML/MUFG/TD -
  
  
  
  


• 
  
  
  
  • 
    
    
    
    • Ca/CCC CS -
      Mid/High 7%s,
      7.75% area,
      7.75%
    
    
    
    
  
  
  
  


• 
  
  
  
  • Ba1/BB Citi/BAML/HSBC/JPM -
  
  
  
  

5.625% area,

5.5%

• 
  
  
  
  • 
    

    Ba3/BB JPM/Barc/Citi/BAML/BMO/BNPP/
    CA-CIB/GS/Miz/MS/RBC/STRH/
    Scotia/USB/WFS

    
    
  
  
  
  

5.5%/5.75%,

5.5%

• 
  
  
  
  • Ba3/BB JPM/BAML/Citi -
  
  
  
  

100 (+/-0.25) - - Caa2/CCC+ GS/CS/JPM -

• 
  
  
  
  • 
    
    
    
    • 
      

      Ba3/BB/BB GS/STRH/Citi/CS/Barc/BMO/BNPP/
      CA-CIB/DB/JPM/Miz/MS/MUFG/
      Natx/RBC

      
      
    
    
    
    
  
  
  
  

Mid/High 4%s,

5% area,

4.75% (+/-12.5),

4.625% (yld)

• 
  

  
  

  €600m -/BB CMZ/DB/HSBC Ger/Aus 72%, Benelux 10%, UK/Ire 7%,
  Switz 6%, S.Eur 2%, Asia 2%, Other 1%.
  FM 84%, Ins/PF 4%, Bks/PWM 10%,
  Other 2%.
  E+650/675 - - B1/BB- GCs MS(phys)/CS/HSBC/DnB, JBs
  Lloyds/MUFG/NatWest/Santan

  
  

  
  


•