Eversholt Funding PLC (CKHUH)

No results found for "".

Eversholt Funding PLC (CKHUH)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	CONS	PRCD	CKHUH	Eversholt Funding PLC	£500		1	EMEA	Jun 19, 2020

Tranche #1Eversholt Funding PLC

currency

GBP

size (m)

500.000

maturity

Jun 30, 2040

type

Fixed

tenor

10.500

call

registration

Reg S Only

benchmark

ranking

Sr. Secured

moody's

Baa2

s&p

fitch

BBB+

re-open/tap

ipt

G+270 a

ipt-pxd

guidance

G+250-255

spread

250

coupon

2.742%

spread set

price

100.00000

yield

2.742%

book size (m)

950

peak book (m)

x-covered

1.9

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

950

peak book (m)

x-covered

1.9

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10.5 yr: Book size: 950; Registration: Reg S Only; Comments: GBP500m 10.5yr WAL Jun 2040 final amortising snr sec. Baa2/-/BBB+.BNPP/HSBC/RBC(B&D). IPTs G+270 area, guidance G+250/+255 vs UKT4.75% 2030 for 450-500m (max) on bk >950m (peak >1bn). came 500m @G+250. With tender for £400m 6.359% 2025s. MWC G+0. Gilt @ 146.53 (Mid) / 146.51 (Bid). FTT 3.45pm. LEI: 5493002X7O83FCJVYO69.;

Guarantor(s)

Eversholt UK Rails (Holding) Ltd, Eversholt Finance Holdings Ltd, Eversholt Rail Ltd, Eversholt Depot Finance Ltd, Eversholt Rail Leasing Ltd, Eversholt Investment Ltd

Use of Proceeds

General corporate purposes

Hide Details

Explore all other Commentary & Deal Flow