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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
PRSFN
PRS Finance PLC£42
1EMEA
Jun 25, 2021
currency
GBP
size (m)
42.000
maturity
Nov 24, 2026
type
Fixed
tenor
5.500
call
-
registration
-
benchmark
G
ranking
Sr. Secured
moody's
Aa3
s&p
-
fitch
-
size description
-
re-open/tap
Yes
ipt
-
ipt-pxd
-
guidance
G+38 a
spread
38
coupon
1.75%
spread set
-
price
104.85300
yield
0.829%
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
5.5 yr: Comments: GBP41.99m tap of 1.75% Nov 2026 old 10yr Sr Sec Notes top 686.93m. Aa3. HSBC/NWM. IPTs G+38 area, vs 0.375% 10/26. 40 day funge, +AI. FTT. LEI: 2138002JNX4ZKQI8OU17;
Deal Comments
Guarantor: The Secretary of State for Housing, Communities and Local Government. GBP41.99m tap of 1.75% due 11/24/2026

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