Severn Trent Utilities Finance PLC (SVTLN)

No results found for "".

Severn Trent Utilities Finance PLC (SVTLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	SVTLN	Severn Trent Utilities Finance PLC	£300		1	EMEA	May 26, 2020

Tranche #1Severn Trent Utilities Finance PLC

currency

GBP

size (m)

300.000

maturity

Jun 2, 2040

type

Fixed

tenor

20.000

call

registration

benchmark

ranking

moody's

Baa1

s&p

BBB+

fitch

size description

re-open/tap

ipt

G+160-165

ipt-pxd

guidance

G+145-150

spread

145

coupon

spread set

price

99.09800

yield

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

20 yr: Comments: GBP300m 20yr sustainable. Baa1/BBB+. Barc/CMZ (struc), +Santan(B&D)/SMBCNikko, IPTs G+160/+165, guidance G+145/+150 for 300m, launch G+145, bk ~1.2bn pre-rec, Vs UKT4.25% 12/40 @170.540 mid, 170.425 bid, HR 61%. FTT 4.15pm.;

Deal Comments

Sustainable Bond

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Severn Trent Utilities Finance PLC (SVTLN)

Deal Details

Commentary

Deal Flow