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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
REAL
PRCD
CLARHG
Clarion Funding PLC£50
1EMEA
Jan 11, 2021
currency
GBP
size (m)
50.000
maturity
Apr 19, 2048
type
Fixed
tenor
27.250
call
-
registration
Reg S Only
benchmark
G
ranking
Sr. Secured
moody's
A3
s&p
A-
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
G+90 a
spread
88
coupon
3.125%
spread set
-
price
129.24200
yield
1.768%
book size (m)
69
peak book (m)
-
x-covered
1.38
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
69
peak book (m)
-
x-covered
1.38
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
27.25 yr: Book size: 69; Registration: Reg S Only; Comments: GBP50m WNG tap of 450m 3.125% Apr 2048 old 30yr snr sec RegS. A3/A-. RBC sole/B&D. Gilt 1.5% 7/47+90 area, final guidance G+90 (+/-2 WPIR), launch @G+88 on bk 69m (tight end, peak >75m) , 40 day funge. +91days AI. MWC G+25. Gilt 114.44 Mid / 0.888% s.a. & 114.39 Bid / 0.89% s.a. FTT 3.45pm. LEI: 213800BLOAKXC1BXLJ29;
Deal Comments
GBP50m tap of 3.125% due 4/19/2048.

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