Arab Energy Fund (fka Arab Petroleum Investments Corp) (TAEF)

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Arab Energy Fund (fka Arab Petroleum Investments Corp) (TAEF)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	SSA	PRCD	TAEF	Arab Energy Fund (fka Arab Petroleum Investments Corp)	$250		1	EMEA	Mar 3, 2021

Tranche #1Arab Energy Fund (fka Arab Petroleum Investments Corp)

currency

USD

size (m)

250.000

maturity

Feb 10, 2026

type

Fixed

tenor

4.900

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Aa2

s&p

fitch

size description

re-open/tap

ipt

MS+45 a

ipt-pxd

guidance

MS+40 a

spread

coupon

1.26%

spread set

price

100.14700

yield

1.229%

book size (m)

315

peak book (m)

x-covered

1.26

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

315

peak book (m)

x-covered

1.26

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

4.9 yr: Book size: 315; Registration: Reg S Only; Comments: USD250m WNG tap of 750m 1.26% Feb 2026 RegS notes. Aa2/AA. BofA/CCB/Citi/ENBD/Maybank/Nomura/StCh. IPT MS+45 area, guidance MS+40 (+/-1 WPIR), launch 250m @ MS+39, bk >315m (125m JPM), peak >450m. FTT 8am Thurs;

Deal Comments

USD250m tap of 750m 1.26% due 2/10/2026.

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Arab Energy Fund (fka Arab Petroleum Investments Corp) (TAEF)

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