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Asset Backed Securities
Sovereign, Supranational, and Agency
Regional Agencies
Parent Companies
Auckland Council
Watercare Services Ltd
Watercare Services Ltd (WATERC)
Deal Details
C/P
Industry
Status
Ticker(s)
Issuer(s)
Size(m)
Tranches
Region
Date
IGC
SSA
PRCD
WATERC
Watercare Services Ltd
€500
1
APAC
Sep 24, 2026
Tranche #1
Watercare Services Ltd
BBG0254CBC33
currency
EUR
size (m)
500.000
maturity
Sep 30, 2033
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Secured
moody's
Aa3
s&p
-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+100 area
ipt-pxd
-28
guidance
MS+75 area
spread
72
coupon
4.331%
spread set
-
price
100.00000
yield
4.331%
book size (m)
1,300
peak book (m)
1,700
x-covered
2.6
book attrition
-23.53%
nic
-
billing & delivering
CTI
active leads
-
joint leads
CTI
,
HSB
,
MUF
,
SOC
passive leads
-
co-managers
-
coordinating managers
CTI
,
SOC
book size (m)
1,300
peak book (m)
1,700
x-covered
2.6
book attrition
-23.53%
nic
-
billing & delivering
CTI
active leads
-
joint leads
CTI
,
HSB
,
MUF
,
SOC
passive leads
-
co-managers
-
coordinating managers
CTI
,
SOC
Tranche Comments
Book size: 1300; Registration: Reg S Only; Comments: DBR 2.6% 08/15/33 +85.5. CoC: 100%. LEI: 984500T79F9E43C5EF58;
Use of Proceeds
General Corporate Purposes
Hide Details
Commentary
All Commentary
CreditFlow: End of Day (Europe IG)
Sep 24, 2026
1 to 1 of 1
Deal Flow
All Deal Flow
PRICED: Watercare Services €500m 7yr Snr Sec; MS+72
Sep 24, 2026
LAUNCHED: Watercare Services €500m 7yr Snr Sec; MS+72bp
Sep 24, 2026
GUIDANCE: Watercare Services €500m (WNG) 7yr Snr Sec; MS+75a
Sep 24, 2026
NEW ISSUE: Watercare Services €500m (WNG) 7yr Snr Sec; MS+100a
Sep 24, 2026
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