WPP Finance SA (WPPLN)

No results found for "".

WPP Finance SA (WPPLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COMM	PRCD	WPPLN	WPP Finance SA	-		2	EMEA	May 12, 2020

Tranche #1WPP Finance SA

currency

EUR

size (m)

750.000

maturity

May 19, 2027

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+275 a

ipt-pxd

guidance

spread

265

coupon

2.75%

spread set

price

99.75200

yield

2.414%

book size (m)

1,200

peak book (m)

x-covered

1.6

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

1,200

peak book (m)

x-covered

1.6

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche #2WPP Finance SA

currency

GBP

size (m)

250.000

maturity

May 19, 2032

type

Fixed

tenor

12.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

G+340 a

ipt-pxd

guidance

spread

340

coupon

3.75%

spread set

price

99.61800

yield

3.79%

book size (m)

300

peak book (m)

x-covered

1.2

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

300

peak book (m)

x-covered

1.2

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 1200; Registration: Reg S Only; Comments: EUR750m 7yr & GBP12yr - bmk, snr unsec. RegS. Baa2/BBB. BNPP/Citi(B&D)/CMZ/HSBC/SMBC Nikko. IPTs for EUR MS+275 area, set MS+265, launch 750m, bk >1.2bn (peaked ~1.25bn). DBR 0.250% 02/27+307.1 @ 106.29,. MWC B+50). LEI: 549300KWN0W6L03WNN80.; 12 yr: Book size: 300; Registration: Reg S Only; Comments: GBP250m 12yr - bmk, snr unsec. RegS. Baa2/BBB. BNPP/Citi(B&D)/CMZ/HSBC/SMBC Nikko. IPTs for GBP G+340 area, set G+340, launch 250m, bk >300m (peaked ~350m) . Gilt 4.25% 6/32 @mid 145.97 / bid 145.96, FTT 3.55pm. MWC G+55;

Guarantor(s)

WPP plc, WPP 2005 Ltd, WPP Jubilee Ltd

Use of Proceeds

General corporate purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

WPP Finance SA (WPPLN)

Deal Details

Commentary

Deal Flow