Arab Energy Fund (fka Arab Petroleum Investments Corp) (TAEF)

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Arab Energy Fund (fka Arab Petroleum Investments Corp) (TAEF)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	SSA	PRCD	TAEF	Arab Energy Fund (fka Arab Petroleum Investments Corp)	$250		1	EMEA	Oct 14, 2020

Tranche #1Arab Energy Fund (fka Arab Petroleum Investments Corp)

currency

USD

size (m)

250.000

maturity

Jun 30, 2025

type

Fixed

tenor

4.700

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Aa2

s&p

fitch

size description

re-open/tap

ipt

MS+100 a

ipt-pxd

guidance

MS+90

spread

coupon

1.46%

spread set

price

100.89900

yield

1.262%

book size (m)

400

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)

400

peak book (m)

x-covered

1.6

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

4.7 yr: Book size: 400; Registration: Reg S Only; Comments: USD750m 1.46% Jun 2025 snr unsec RegS. Aa2. CCB/CA-CIB(B&D)/ENBD/GS/JPM. IPTs MS+100 area, set MS+90, bk >400m (30m JLM) pre close, launch 250m @MS+90. T+95.6 bps vs T 0 ¼ 09/30/25 (spot: 99-232). 40 day funge. FTT 3.30pm. ISINs: XS2247623999 Funge with XS2166383799;

Deal Comments

USD750m tap of 1.46% due 6/30/2025.

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Arab Energy Fund (fka Arab Petroleum Investments Corp) (TAEF)

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