Relx Finance BV (RELLN)

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Relx Finance BV (RELLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	RELLN	Relx Finance BV	€2,000		3	EMEA	Mar 3, 2020

Tranche #1Relx Finance BV

currency

EUR

size (m)

700.000

maturity

Mar 18, 2024

type

Fixed

tenor

4.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

MS+85 a

ipt-pxd

guidance

MS+70 a

spread

coupon

0.00%

spread set

price

99.39100

yield

0.152%

book size (m)

3,200

peak book (m)

x-covered

4.57

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,200

peak book (m)

x-covered

4.57

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Relx Finance BV

currency

EUR

size (m)

800.000

maturity

Mar 10, 2028

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

MS+115 a

ipt-pxd

guidance

MS+100 a

spread

coupon

0.5%

spread set

price

99.23700

yield

0.598%

book size (m)

4,200

peak book (m)

x-covered

5.25

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

4,200

peak book (m)

x-covered

5.25

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #3Relx Finance BV

currency

EUR

size (m)

500.000

maturity

Mar 18, 2032

type

Fixed

tenor

12.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

MS+135 a

ipt-pxd

guidance

MS+120 a

spread

110

coupon

0.875%

spread set

price

98.82800

yield

0.979%

book size (m)

2,850

peak book (m)

x-covered

5.7

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,850

peak book (m)

x-covered

5.7

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

4 yr: Book size: 3200; Registration: Reg S Only; Comments: EUR bmk 4yr, IPTs MS+85 area, guidance MS+70 area, set MS+60 for 700m, bk ~3.2bn, with 8yr, 500m 12yr, total 2bn. Snr unsec RegS. Baa1/BBB+/BBB+. Barc/BNPP(B&D)/CM-CIC/CMZ/MUFG/Rabo. 1mPC. OBL 0 10/23 +97.9 @ 103.04 /HR 107%. LEI: 54930086P8MBY4IN4E29.; 8 yr: Book size: 4200; Registration: Reg S Only; Comments: EUR bmk 8yr, IPTs MS+115 area, guidance MS+100 area, set MS+90 for 800m, bk ~4.2bn, with 4yr, 500m 12yr, total 2bn. Snr unsec RegS. Baa1/BBB+/BBB+. Barc/BNPP(B&D)/CM-CIC/CMZ/MUFG/Rabo. DBR 0.5% 2/28 +131.6 @110.00 HR 90%, 3mPC. LEI: 54930086P8MBY4IN4E29.; 12 yr: Book size: 2850; Registration: Reg S Only; Comments: EUR500m WNG bmk 12yr, IPTs MS+135 area, guidance MS+120 area, set MS+110 on bk ~2.85bn, with 4yr/8yr, total 2bn. Snr unsec RegS. Baa1/BBB+/BBB+. Barc/BNPP(B&D)/CM-CIC/CMZ/MUFG/Rabo. DBR 0% 8/29+162.6 @106.32 111%. LEI: 54930086P8MBY4IN4E29;

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