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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SDLF
Standard Life PLC (fka Phoenix Group Holdings PLC)£150
1EMEA
Apr 25, 2017
currency
GBP
size (m)
150.000
maturity
Jul 20, 2022
type
Fixed
tenor
5.250
call
-
registration
Reg S Only
benchmark
G
ranking
Subordinated
moody's
-
s&p
-
fitch
BBB-
size description
-
re-open/tap
Yes
ipt
-
ipt-pxd
-
guidance
G+337.5 a
spread
327
coupon
4.125%
spread set
-
price
101.38700
yield
3.791%
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
5.25 yr: Registration: Reg S Only; Comments: GBP150m+ tap of 300m Jul 2022 Tier 3. BAML/Citi(B&D)/JPM/Lloyds/NWM. With tender for GBP300m Jul 2021 snr unsec. IPTs UKT0.5% 2022 +337.5 area, guide +330/+335. Ytm 3.791% (s/a) / 3.827% (ann). Gilt at Mid 99.89 / Bid 99.86, HR: 93%.;
Deal Comments
GBP150m+ tap of 300m due 07/20/2022. Tier 2
Guarantor(s)
Phoenix Group Holdings

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