Rentokil Initial PLC (RTOLN)

No results found for "".

Rentokil Initial PLC (RTOLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	RTOLN	Rentokil Initial PLC	€600		1	EMEA	Oct 7, 2020

Tranche #1Rentokil Initial PLC

currency

EUR

size (m)

600.000

maturity

Oct 14, 2028

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+120 a

ipt-pxd

guidance

MS+90-95

spread

coupon

0.5%

spread set

price

99.61800

yield

0.549%

book size (m)

2,300

peak book (m)

x-covered

3.83

book attrition

nic

-7

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,300

peak book (m)

x-covered

3.83

book attrition

nic

-7

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

8 yr: Book size: 2300; Registration: Reg S Only; Comments: EUR500m 8yr snr unsec. BBB S&P. Barc/BLB/BNPP(B&D)/Miz/StCh. IPTs MS+120 area, guidance MS+90/+95, launch 600m @MS+85, bk >2.3bn (peak >2.9bn). MWC B+20 , 3mPC. DBR 0.25% Aug-28 @ 106.94 / B+115.9 (HR 93%). LEI: 549300VN4WV7Z6T14K68;

Guarantor(s)

Rentokil Initial 1927 plc (to 2021 notes redemption)

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

Rentokil Initial PLC (RTOLN)

Deal Details

Commentary

Deal Flow