52 International Financing Review September 8 2018GLOBAL BOND SUMMARY DETAILS: WEEK ENDING 7/9/2018 (CONTINUED)
Pricing date Issuer Amount Maturity Coupon (%) Reoffer Spread (bp) Yield (%) Pricing steps NIP (bp) Book size Ratings Bookrunners Distribution
Sep 6 2018 UniversitätsSpital Zürich SFr120m Sep 28 2028 0.55 100.024 MS+13 / Eidg+62 0.548 MS+13/16 - SFr120m, 29 acs ZKB AA/fedafin Aa+ ZKB Switz 100%. AM 37%, Ins 32%, PF 18%,
Bks 13%.
NON CORE
Sep 4 2018 Scania SKr500m incr
(SKr3bn)Sep 15 2020 0.25 100.1 MS+30 0.2 - - - -/BBB+ HCM -Sep 5 2018 Daimler Rmb1bn Sep 21 2021 4.5 100 - 4.5 4.5% (the #) - - A2/A /A- HSBC -
Sep 5 2018 Offentliga Hus i Norden SKr300m incr
(SKr700m)Jun 15 2021 (Jun 2020) 3mS+700 101.75 - - - - - - Pareto/Swed -Sep 6 2018 PACCAR A$150m Sep 13 2022 3 99.98 ASW+85 3.005 ASW+85/90 - - -/A+ ANZ/WBC -
Sep 6 2018 Toyota NZ NZ$100m Sep 12 2023 3.17 100 MS+88 3.17 MS+90 area,
MS+87/90
- Aa3/AA- ANZ -
Sep 6 2018 Brookfield Infrastructure C$400m Sep 11 2028 4.193 100 OTC+197 4.193 OTC+200 (+/-3) - - -/BBB+ RBC/CIBC/Scotia/TD -
Sep 6 2018 Hemso Fastighets SKr100m Sep 14 2048 3.02 100 MS+126 3.02 - - - -/A- HCM -
Sep 6 2018 Samhällsbyggnadsbolaget
i NordenSKr1bn Perpetual (Mar 2024) 3mS+635 100 3mS+635 - 3mS+575/635 - >SKr1bn - Danske/DNB/Nordea/Swed -FINANCIALS
US DOLLARS
Sep 4 2018 Mitsubishi UFJ Financial
GroupUS$1.15bn Jul 26 2023 3.761 100.16 T+95 3.725 T+105/110,
T+95 (the #)6 US$1.8bn A1/A-/A MS/MUFG -Sep 4 2018 Mitsubishi UFJ Financial
GroupUS$850m Jul 26 2023 3mL+81 100 3mL+81 3mL+81 3mL equiv,
3mL+81 (the #)FRN US$1.5bn A1/A-/A MS/MUFG -Sep 4 2018 Mitsubishi UFJ Financial
GroupUS$1bn Sep 11 2028 4.05 100 T+115 4.05 T+125/130,
T+115 (the #)5 US$1.8bn A1/A-/A MS/MUFG -Sep 5 2018 BPCE US$750m Sep 12 2023 4 99.37 T+137.5 4.142 T+160 area,
T+140 (+/-2.5)4.5 US$2bn Baa2/BBB+/A GS/JPM/Miz/Natx/WFS -Sep 5 2018 BPCE US$500m Sep 12 2023 3mL+124 100 3mL+124 3mL+124 3mL equiv,
3mL equivFRN US$1.4bn Baa2/BBB+/A GS/JPM/Miz/Natx/WFS -Sep 5 2018 BPCE US$750m Sep 12 2028 4.625 99.42 T+180 4.699 T+195/200,
T+185 (+/-5)2 US$1.9bn Baa2/BBB+/A GS/JPM/Miz/Natx/WFS -Sep 5 2018 Credit Suisse Group US$1.5bn Perpetual (Sep 2025) 7. 2 5 100 7. 2 5 7. 2 5 7.50% area,
7.25% (the #)N/A US$8.1bn BB-/BB CS -Sep 5 2018 HSBC Holdings US$2bn Sep 11 2021 (Sep 2020) 3mL+65 100 3mL+65 3mL+65 3mL+75 area,
3mL+65 (the #)FRN US$9.1bn combined A2/A /AA- HSBC -Sep 5 2018 HSBC Holdings US$2.5bn Sep 12 2026 (Sep 2025) 4.292 100 T+145 4.292 T+165 area,
T+150 (+/-2)3 US$9.1bn combined A2/A /AA- HSBC -Sep 5 2018 HSBC Holdings US$750m Sep 12 2026 (Sep 2025) 3mL+138 100 3mL+138 3mL+138 3mL equiv,
3mL equivFRN US$9.1bn combined A2/A /AA- HSBC -Sep 5 2018 Mizuho Financial Group US$1.1bn Sep 11 2024 (Sep 2023) 3.922 100 T+115 3.922 T+130 area,
T+115 (the #)12 US$2.25bn A1/A- JPM/Miz -Sep 5 2018 Mizuho Financial Group US$650m Sep 11 2024 (Sep 2023) 3mL+100 100 3mL equiv 3mL+100 3mL equiv,
3mL equivFRN US$2bn A1/A- JPM/Miz -Sep 5 2018 Mizuho Financial Group US$1bn Sep 11 2029 (Sep 2028) 4.254 100 T+135 4.254 T+150 area,
T+135 (the #)12 US$2.3bn A1/A- JPM/Miz -Sep 5 2018 Willis North America US$600m Sep 15 2028 4.5 99.97 T+160 4.504 T+175 area,
T+165 (+/-5)14 US$1.4bn Baa3/BBB/BBB BAML/Barc/Citi/JPM -Sep 5 2018 Willis North America US$400m Sep 15 2048 5.05 99.65 T+200 5.073 T+215 area,
T+205 (+/-5)14 US$1bn Baa3/BBB/BBB BAML/Barc/Citi/JPM -Sep 6 2018 CIBC US$500m Sep 13 2023 3mL+66 100 3mL+66 3mL+66 3mL equiv,
GUIDANCEFRN US$750m Aa2/A+/AA- BAML/CIBC/HSBC/JPM/UBS -Sep 6 2018 CIBC US$1bn Sep 13 2023 3.5 99.83 T+80 3.538 T+90/95,
3mL equiv6 US$2.1bn Aa2/A+/AA- BAML/CIBC/HSBC/JPM/UBS -Sep 6 2018 Nordea Bank AB US$500m Sep 13 2033 (Sep 2028) 4.625 100 T+175 4.625 T+195 area,
T+180 (+/-5)N/A US$1.4bn Baa1/A-/A+ BAML/BNPP/JPM/MS -EUROS
Sep 4 2018 Alandsbanken €250m Sep 13 2021 0.5 99.881 MS+55 / B+109.8 0.54 MS+55/60 - - -/BBB DZ/Swed/Uni -
Sep 4 2018 Rabobank €1bn Perpetual (Dec 2025) 4.625 100 MS+409.8 4.625 5% area,
4.625%37 ~€4.75bn, >300acs Baa3/-/BBB- CS/GS/JPM/MS/Rabo UK/Ire 34%, Aus/Ger 15%, Fr 13%,
Switz 8%, APAC 8%, S.Eur 7%, ME 4%,
Nordics 4%, Benelux 3%, Other 4%. AM
70%, Bks/PB 12%, Ins/PF 10%, HF 4%,
Other 4%.
Sep 5 2018 MunHyp €250m Sep 12 2025 0.875 99.468 MS+40 / B+94.7 0.954 MS+low 40s - - A2 BLB/Deka/DZ -
STERLING
Sep 4 2018 Santander (SNP) £500m Sep 12 2023 2.75 99.419 G+185 - G+190 area 5 >£700m Baa1/A-/A- DB/NatWest/Santan UK 77%, Nordics 9%, Asia 8%, Switz 2%,
Ger Aus 2%, Others 2%. AM 73%, CB/OI
15%, Ins/PF 10%, Bks/PB 2%.
Sep 5 2018 Rothesay Life (RT1) £350m Perpetual (Sep 2028) 6.875 100 G+541.9 6.875 7% area,
6.875%25-37.5 >£450m -/-/A+ Barc/Lloyds/NatWest -Sep 6 2018 BFCM £350m Dec 13 2022 1.875 99.943 G+95 1.881 G+100 area - >£450m Aa3/A/A+ CS/NatWest -
Sep 6 2018 RBC £350m Sep 13 2019 SONIA+25 100 SONIA+25 - SONIA+25 - - Aa2/AA- RBC -6 Bonds 2250 p25-55.indd 52 07/09/2018 19:30:02