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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
LGEN
Legal & General Group PLC£500
1EMEA
Jun 17, 2020
currency
GBP
size (m)
500.000
maturity
-
type
Fixed
tenor
-
call
-
registration
Reg S Only
benchmark
G
ranking
-
moody's
Baa3
s&p
BBB
fitch
NR
size description
-
re-open/tap
No
ipt
6.25%
ipt-pxd
-
guidance
5.75% a
spread
537.8
coupon
5.625%
spread set
-
price
100.00000
yield
5.625%
book size (m)
3,500
peak book (m)
-
x-covered
7
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,500
peak book (m)
-
x-covered
7
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Perp NC11.25: Book size: 3500; Redemption: 2031-03-24; Registration: Reg S Only; Comments: GBP500m bmk perp NC11.25 RT1. Baa3/BBB/NR. Struct BofA/Barc(B&D). JLMs Citi/HSBC/JPM/NatWest. IPTs 6.25% area, guidance 5.75% area (+/-12.5 wpir) for 400m-max 500m, launch 500m @5.625%. Final books c. 3.5bn (peak 4bn+). G+237.8 vs interp UKT 4.75% 12/30 & 4.25% 6/32. FTT 4.55pm.;
Deal Comments
Tier 1.

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