Blackstone Property Partners Europe Holdings SARL (BPPEHX)

No results found for "".

Blackstone Property Partners Europe Holdings SARL (BPPEHX)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	BPPEHX	Blackstone Property Partners Europe Holdings SARL	€600		1	EMEA	Oct 19, 2020

Tranche #1Blackstone Property Partners Europe Holdings SARL

currency

EUR

size (m)

600.000

maturity

Apr 26, 2027

type

Fixed

tenor

6.500

call

registration

Reg S Only

benchmark

Swaps

ranking

moody's

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+200-205

ipt-pxd

guidance

MS+180 a

spread

175

coupon

1.25%

spread set

price

99.62400

yield

1.54%

book size (m)

925

peak book (m)

x-covered

1.54

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

925

peak book (m)

x-covered

1.54

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

6.5 yr: Book size: 925; Registration: Reg S Only; Comments: EUR500m 6.5yr fxd. bmk, snr unsec RegS. BBB. GCs BofA/MS(B&D), actives BNPP/RBC, passives BoC/Blackstone/Santan. IPTs MS+200/+205, guidance MS+180 area, set MS+175 for 500-600, launch 600m, bk >925m (peak >1.35bn), MWC B+35, 3mPC. B+210.4bps vs DBR 0.25% Feb-27s (106.790) / HR 91%. FTT 4.15pm. LEI: 213800Y3B5GQFBGVHP79;

Use of Proceeds

Repay debt, refinancing and 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

Blackstone Property Partners Europe Holdings SARL (BPPEHX)

Deal Details

Commentary

Deal Flow