2020-04-04 IFR Magazine

International Financing Review April 4 2020 61

BONDS SUMMARY DETAILS

Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution

T+250 area 19 US$1.2bn A2/A MUFG/USB/WFS

T+312.5 area 5 US$1.6bn A1/A+ BNPP/JPM/MUFG/USB

T+425 area 110 US$1bn A2/BBB+ BofA/JPM

T+425 area 110 US$675m A2/BBB+ BofA/JPM

T+425 area 110 US$825m A2/BBB+ BofA/JPM

T+425 area 110 US$950m A2/BBB+ BofA/JPM

T+425 area 68 US$725m Baa1/BBB/BBB+ Lloyds/MUFG/PNC/USB/WFS

T+350 area,

T+325 (+/-12.5)

• US$11.6bn Baa3/BBB-/BBB Barc/DB/GS(a)/CS/MS/RBC/BNPP/
  CMZ/CA-CIB/TD/WFS
  T+362.5 area,
  T+337.5 (+/-12.5)


• US$7.6bn Baa3/BBB-/BBB Barc/DB/GS(a)/CS/MS/RBC/BNPP/
  CMZ/CA-CIB/TD/WFS
  T+375 area,
  T+350 (+/-12.5)


• US$14.4bn Baa3/BBB-/BBB Barc/DB/GS(a)/CS/MS/RBC/BNPP/
  CMZ/CA-CIB/TD/WFS
  T+337.5 area,
  T+337.5 (+/-12.5)


• US$11.1bn Baa3/BBB-/BBB Barc/DB/GS(a)/CS/MS/RBC/BNPP/
  CMZ/CA-CIB/TD/WFS
  T+337.5 area,
  T+337.5 (+/-12.5)


• US$13.8bn Baa3/BBB-/BBB Barc/DB/GS(a)/CS/MS/RBC/BNPP/
  CMZ/CA-CIB/TD/WFS
  T+375 area 11 US$3.6bn Baa1/BBB+/A- Citi/JPM
  T+450 area,
  T+425 (+/-12.5)

48.5 US$2.7bn Baa2/BBB-/BBB- Bofa/Citi/JPM

T+450 area,

T+425 (+/-12.5)

48.5 US$1.7bn Baa2/BBB-/BBB- Bofa/Citi/JPM

T+450 area,

T+425 (+/-12.5)

48.5 US$2.6bn Baa2/BBB-/BBB- Bofa/Citi/JPM

MS+375 area,

MS+355/+360

69 €6.8bn Baa1/A- BNPP/BofA/DB/ING/Santan -

MS+305 area,

MS+285/+290

69 €5.6bn Baa1/A- BNPP/BofA/DB/ING/Santan -

MS+265 area,

MS+235/+240

48 €6.1bn Baa1/A- BNPP/BofA/DB/ING/Santan -

MS+285 area,

MS+250/+255

25 ~€4.6bn Baa1/BBB+/BBB JPM/MS/BofA/Citi -

MS+245 area,

MS+210/+215

25 >€4.6bn Baa1/BBB+/BBB JPM/MS/BofA/Citi -

MS+390 area,

MS+365 (+/-5)

75 ~€2.2bn A3/BBB+ BofA/JPM/MUFG/Santan/Uni UK 51%, Fr 15%, Ger/Aus 18%, Benelux

7%, Iberia 2%, Nordics 2%, It 2%, Switz

2%, Other 1%. FM/AM 76%, Ins 13%, Bks

4%, OI 2%, Other 5%.

MS+360 area,

MS+340 (+/-5)

60 ~€1.2bn A3/BBB+ BofA/JPM/MUFG/Santan/Uni UK 32%, Fr 21%, Ger/Aus 21%, Benelux

16%, Iberia 3%, Nordics 5%, Switz 1%,

Other 1%. FM/AM 75%, Ins 15%, Bks 3%,

OI 2%, Other 5%.

MS+315 area,

MS+295 (+/-5)

59 ~€1.25bn A3/BBB+ BofA/JPM/MUFG/Santan/Uni UK 15%, Fr 29%, Ger/Aus 15%, Benelux

7%, Iberia 11%, Nordics 4%, It 9%, Switz

6%, Other 4%. FM/AM 67%, Ins 18%,

Bks 9%, OI 2%, Other 4%.

MS+235 area,

MS+205/+210

34 ~€3bn A2/A+ BNPP/CA-CIB/HSBC/JPM/SG/Uni/

Santan/Natx/BofA/GS/NatWest

• 
  

MS+255 area,

MS+225/+230

49 ~€2.5bn A2/A+ BNPP/CA-CIB/HSBC/JPM/SG/Uni/

Santan/Natx/CMZ/DB/SMBC

• 
  

MS+280 area,

MS+250/255

69 ~€5.5bn A2/A+ BNPP/CA-CIB/HSBC/JPM/SG/Uni/

Santan/Natx/BBVA/Miz/RBC

• 
  

MS+325/+335,

MS+295/+300

65 >€3.3bn A3/BBB+/A- BNPP/DB/JPM/Santan -

MS+235 area,

MS+200 area

25 €3.5bn Baa3/BBB/BBB- BNPP/BofA/CS/ING -

MS+215 area,

MS+175/180

6 €6.8bn Baa1/BBB+/BBB+ BNPP/BofA/JPM/MS/MUFG/Santan -

MS+190 area,

MS+150/+155

13 €7.4bn Baa1/BBB+/BBB+ BNPP/BofA/JPM/MS/MUFG/Santan -

MS+235 area,

MS+200 (+/-5 )

28 >€3.1bn -/Scope A- CMZ/DB/MS/SG Ger/Aus 25%, UK/Ire 13%, Fr 27%, Nordics

10%, S.Eur 5%, Benelux 16%, Switz 3%,

Other 1%. FM 58%, OI/Agcy 20%, Bks/

PWM 6%, Ins/PF 15%, Other 1%.

MS+280 area,

MS+245 (+/-5)

38 ~€3.7bn -/Scope A- CMZ/DB/MS/SG Ger/Aus 24%, UK/Ire 32%, Fr 21%,

Nordics 6%, S.Eur 3%, Benelux 8%, Switz

4%, Other 2%. FM 70%, OI/Agcy 11%,

Bks/PWM 3%, Ins/PF 15%, Other 1%.

6 IFR Bonds 2327 p 25 - 65 .indd 61 03 / 04 / 2020 20 : 29 : 03