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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
INDS
PRCD
BABLN
Babcock International Group PLC£250
1EMEA
Jul 7, 2026
currency
GBP
size (m)
250.000
maturity
Jul 14, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
G
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
G+110-115
ipt-pxd
-19.5
guidance
n/a - straight to launch
spread
93
coupon
5.125%
spread set
-
price
99.48800
yield
5.244%
book size (m)
1,000
peak book (m)
1,100
x-covered
4
book attrition
-9.09%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
book size (m)
1,000
peak book (m)
1,100
x-covered
4
book attrition
-9.09%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
Tranche Comments
Book size: 1000; Registration: Reg S Only; Comments: UKT 0.250% due July 2031 @ 81.959 mid, 81.939 bid (HR 109%). MWC: G+15. CoC: Yes. LEI: 213800TSKOLX4EU6L377;
Use of Proceeds
The proceeds from the bond issue will be used for general corporate purposes