RWE AG (RWE)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	RWE	RWE AG	€1,250		1	EMEA	Aug 17, 2022

Tranche #1RWE AG

currency

EUR

size (m)

1,250.000

maturity

Aug 24, 2025

type

Fixed

tenor

3.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

BBB+

size description

re-open/tap

ipt

MS+125 a

ipt-pxd

guidance

MS+105 a

spread

100

coupon

2.50%

spread set

price

99.77500

yield

2.579%

book size (m)

3,300

peak book (m)

x-covered

2.64

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,300

peak book (m)

x-covered

2.64

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

3 yr: Book size: 3300; Registration: Reg S Only; Comments: EUR1.25bn(upsized from EUR1bn) 3yr snr unsec RegS. Baa2/NR/BBB+. JPM(GloCo/B&D)/CMZ/IMI/MUFG/NatWest/SG. IPTs MS+125 area, guidance MS+105 area for exp 1bn, launch 1.25bn at MS+100, final 1.25bn. Bk 3.3bn+ pre rec @guidance. OBL 4/2025 +191.7 bps (OBL @ 98.27) / HR 110%. Tax Call: Yes. Par Call: 1m. Cleanup Call: 80%. CoC: Yes. LEI: 529900GB7KCA94ACC940;

Use of Proceeds

General Corporate Purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

RWE AG (RWE)

Deal Details

Commentary

Deal Flow