International Financing Review March 7 2020 53BONDS SUMMARY DETAILSPricing steps NIP (bp) Book size Ratings Bookrunners Distribution
MS+75 area,
MS+45/503 €3.5bn A3/BBB+ Danske/ING(green coord)/NatWest/
SGG+160 area,
G+150/155- £420m A3 Lloyds/NatWest -
G+150 area - - A2 HSBC/RBC -
- HCM/SEB -
SOFR+97 area,
SOFR+75 (+/-2)n/a US$1.75bn A2/A/A+ BofA/RBC/STRHT+80 area,
T+60 (+/-2)3 US$1.5bn A2/A/A+ BofA/RBC/STRHT+100 area,
T+80 (+/-2)1 US$2.88bn A2/A/A+ BofA/RBC/STRHT+150 area,
T+125 (+/-2)6 US$3.38bn A3/A-/A BofA/RBC/STRHSOFR+68 area - - A2/A-/AA- BMO/DB -
T+85 area,
T+65 (the#)5 US$1.3bn A3/A-/A- Citi/Key/RBC/WFS -T+162.5 area,
T+155 (the #)8 US$500m Baa3/BBB Barc/DB/Miz/TD -T+225 area,
T+220 (the #)20 US$1.25bn Baa3/BBB Barc/DB/Miz/TD -T+300 area,
T+295 (the #)20 US$.75bn Baa3/BBB Barc/DB/Miz/TD -T+120 area,
T+95 (+/-5)7 US$1.7bn A3/A/A- BofA/BNPP/HSBC/DB/MS -T+150 area,
T+125 (+/-5)7 US$1.1bn A3/A/A- BofA/BNPP/HSBC/DB/MS -T+175 area,
T+150 (+/-5)4 US$1.2bn A3/A/A- BofA/BNPP/HSBC/DB/MS -0.28%/0.30%,
0.3%
- A3/A-/A+ by JCR Miz/MS/SMBC Nikko -
0.53%/0.55%,
0.55%
- A3/A-/A+ by JCR Miz/MS/SMBC Nikko -
0.73%/0.75%,
0.75%
- A3/A-/A+ by JCR Miz/MS/SMBC Nikko -
0.83%/0.85%,
0.83%
- A3/A-/A+ by JCR Miz/MS/SMBC Nikko -
MS+60/65,
MS+60/6510 SFr130m, 48acs A3/-/-/ISS-ESG
Prime, CCS/ZKB Switz 100%. AM 54%, Bks/Tsy 23.5%,
PF 18%, Ins 2.5%, PB 2%. ~50% green.
- -/A HCM/Swed -
MS+10 area 6 €1.6bn Aaa CMZ/DZ/Natx/NordLB/Santan/TD Ger 47%, Benelux 19%, UK/Ire 12%,
Scandi 7%, Fr 7%, Aus/Switz 5%, Other
3%. Bks 44%, Govt/Agcy 34%, FM 21%,
Ins/PF 1%.
MS+15 area,
MS+12 (+/-1)4 €1.1bn Aaa CMZ/CA-CIB/DB/Santan/Swed -7%/7.25% - - Ba3/BB- CS/BofA/DB/GS/JPM/WFS/PNC/
Citi/Barc/Citizens/FITB4.5%/4.625% - - B1/BB/BB+ DB/BofA/Citi/CS/Miz/MS/GS/JPM/
MUFG/RBC/TD/WFS102.25-102.50 - - B1/BB/BB+ DB/BofA/Citi/CS/Miz/MS/GS/JPM/
MUFG/RBC/TD/WFS5.25% area - - B1/BB- Citi/BofA/MUFG/PNC/STRH/USB/
WFS6 IFR Bonds 2323 p 25 - 53 .indd 53 06 / 03 / 2020 19 : 18 : 10