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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
CONS
PRCD
SPB
Spectrum Brands Inc€425
1USOA
Sep 14, 2016
currency
EUR
size (m)
425.000
maturity
Oct 1, 2026
type
Fixed
tenor
10.000
call
-
registration
-
benchmark
B
ranking
Sr. Unsecured
moody's
B2
s&p
BB-
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
4.00-4.25%
spread
397
coupon
4%
spread set
-
price
100.00000
yield
4%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
10 yr: Redemption: 2021-10-01; Comments: EUR425m (upped from 375m) 10NC5 snr unsec to repay 2020 senior notes. Price talk 4.0%/4.25%. Bks close 1500LON, TBP today Bks: DB, RBC, CS, JPM, BAML, Barc, Jeff. Cos:BMO, MUFG, HSBC. First call @ 102, then 101.333, then 100.667, then par. 35% equity claw at 104.;

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