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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
BUPFIN
Bupa Finance PLC£400
1EMEA
Dec 1, 2016
currency
GBP
size (m)
400.000
maturity
Aug 12, 2026
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
G
ranking
Subordinated
moody's
Baa2
s&p
-
fitch
BBB
re-open/tap
No
ipt
G+380 a
ipt-pxd
-
guidance
G+367 a
spread
380
coupon
5.00%
spread set
-
price
98.90800
yield
5.141%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
10 yr: Registration: Reg S Only; Comments: GBP 400m 10yr Tier 2. After rshow. Exp Baa2/NR/BBB. Barc/HSBC. IPTs G+380 area, guidance +370 area, tbp +367 for 400m. Mid UKT 1.5% 2026 (@100.26 + 367bps) / Gilts Bid @ 100.24;
Deal Comments
Tier 2
Guarantor(s)
British United Provident Association Limited (Bupa)

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