Zurich Finance DAC

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	-	Zurich Finance DAC	$1,750		1	EMEA	Jan 12, 2021

Tranche #1Zurich Finance DAC

currency

USD

size (m)

1,750.000

maturity

Apr 19, 2051

type

Fixed

tenor

30.250

call

registration

Reg S Only

benchmark

Tsy

ranking

Subordinated

moody's

s&p

fitch

size description

re-open/tap

ipt

3.375% a

ipt-pxd

guidance

spread

277.7

coupon

spread set

price

100.00000

yield

book size (m)

3,600

peak book (m)

x-covered

2.06

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

3,600

peak book (m)

x-covered

2.06

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

30.25 yr: Book size: 3600; Redemption: 2031-01-19; Registration: Reg S Only; Comments: USD1.75bn 30.25yrNC10.25 bmk, sub Reg S only. A2/A. via Citi(B&D)/DB/HSBC/Miz/UBS. IPTs 3.375% area, guidance 3% cpn (the #) for 1.5-1.75bn, launch 1.75bn, bk >3.6bn (peak >4.75bn), Initial/reset T+277.7, 100bp step . FTT 4.25pm. LEI: 549300E0FVHYR37EGX65;

Guarantor(s)

Zurich Insurance Co Ltd

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Zurich Finance DAC

Deal Details

Commentary

Deal Flow