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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
REAL
PRCD
COVH
Covivio Hotels SCA€500
1EMEA
Jul 20, 2021
currency
EUR
size (m)
500.000
maturity
Jul 27, 2029
type
Fixed
tenor
8.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
MS+160-165
ipt-pxd
-
guidance
MS+135 a
spread
125
coupon
1%
spread set
-
price
99.51900
yield
1.063%
book size (m)
2,200
peak book (m)
-
x-covered
4.4
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,200
peak book (m)
-
x-covered
4.4
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
8 yr: Book size: 2200; Registration: Reg S Only; Comments: EUR500m WNG 8yr RegS. BBB+ S&P. BNPP(B&D)/CA-CIB/CIC/HSBC/Natx. IPTs MS+160/+165, guidance MS+135 area, launch MS+125, bks 2.2bn, peak >2.4bn. DBR 0.25 Feb29 (106.62) + 166.5bps | HR 95%. FTT 3.40pm. LEI: 969500N2QX5LGFFZ0I67. CoC: 100%;
Use of Proceeds
Refinancing and general corporate purposes

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