La Poste SA (FRPTT)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	FRPTT	La Poste SA	€1,750		2	EMEA	Jan 11, 2021

Tranche #1La Poste SA

currency

EUR

size (m)

750.000

maturity

Jul 18, 2029

type

Fixed

tenor

8.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

fitch

A+

size description

re-open/tap

ipt

MS +70 a

ipt-pxd

guidance

MS+45 a

spread

coupon

spread set

price

99.00300

yield

0.118%

book size (m)

2,600

peak book (m)

x-covered

3.47

book attrition

nic

-5

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,600

peak book (m)

x-covered

3.47

book attrition

nic

-5

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2La Poste SA

currency

EUR

size (m)

1,000.000

maturity

Jan 18, 2036

type

Fixed

tenor

15.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

fitch

A+

size description

re-open/tap

ipt

MS+95 a

ipt-pxd

guidance

MS+70 a

spread

coupon

0.625%

spread set

price

99.85700

yield

0.635%

book size (m)

3,200

peak book (m)

x-covered

3.2

book attrition

nic

-5

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,200

peak book (m)

x-covered

3.2

book attrition

nic

-5

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

8.5 yr: Book size: 2600; Registration: Reg S Only; Comments: EUR750m 8.5yr fxd. snr unsec, bmk RegS. A/A+. Barc(B&D)/CMZ/ING/LBP/NatWest/SocGen. MS +70 area, guidance MS+45a rea for exp 750m. Launch 750m @MS+40, bk >2.6bn, peak >3bn. With EUR bmk 15yr, total 1.75bn. B72.9bps vs DBR 0.25% 02/29@(107.165 px) , HR: 97%, OAT +52.7bps vs FRTR 0.5 05/29@ 107.75. FTT 7.30am Tues. LEI: 9695000YG7TR7PAP0L59; 15 yr: Book size: 3200; Registration: Reg S Only; Comments: EUR1bn 15yr fxd. snr unsec, bmk RegS. A/A+. Barc(B&D)/CMZ/ING/LBP/NatWest/SocGen. MS +95 area, guidance MS+70 area, exp 750m. Launch 1bn at MS+65, bk >3.2bn, peak >3.5bn. With EUR bmk 8.5yr, total 1.75bn. B+96.2bps vs DBR 0% 05/35@ (104.805 px) , HR: 94%, OAT+75.1bps vs FRTR 1.25 05/34@ (118.40 px). FTT 7.30am Tues. LEI:;

Use of Proceeds

General corporate purpose

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