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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
INVES
Investec Bank PLC£350
1EMEA
Jul 9, 2021
currency
GBP
size (m)
350.000
maturity
Jul 16, 2028
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
G
ranking
Sr. Unsecured
moody's
Baa1
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
G+160 a
ipt-pxd
-
guidance
G+150
spread
150
coupon
1.875%
spread set
-
price
99.82600
yield
1.897%
book size (m)
485
peak book (m)
-
x-covered
1.39
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
485
peak book (m)
-
x-covered
1.39
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
7 yr: Book size: 485; Redemption: 2027-07-16; Registration: Reg S Only; Comments: GBP350m 7NC6 snr fxd-fxd resettable callable notes. Baa1. Citi(B&D)/ING/JPM. IPTs G+160 area, set G+150 vs 1.25% 7/27. Launch 350m, bk >485m pre rec, peak >550m. With tender for £400m 4.5% 2022s. Gilt @105.077 mid (105.076 bid, HR 93%). LEI: 2138007Z3U5GWDN3MY22 ;

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