Hiscox Ltd (HSXLN)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	HSXLN	Hiscox Ltd	£250		1	EMEA	Sep 15, 2022

Tranche #1Hiscox Ltd

currency

GBP

size (m)

250.000

maturity

Sep 22, 2027

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

G+315 a

ipt-pxd

guidance

G+295 a

spread

290

coupon

6.00%

spread set

price

99.68700

yield

6.057%

book size (m)

770

peak book (m)

x-covered

3.08

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

770

peak book (m)

x-covered

3.08

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 770; Registration: Reg S Only; Comments: GBP250m 5yr snr unsec RegS. BBB+/BBB+. ING/Lloyds/NatWest(B&D)/UBS. IPTs UKT+315 area, guidance UKT+295 area, set UKT+290 for 250m. Books 770m+ at reoffer. Vs : UKT 1.250% due July 2027 (mid 91.795, bid 91.775) / HR: 101%. FTT 4.25pm. Par Call: 3m. Cleanup Call: 80%. MWC: Yes. LEI: 5493007JXOLJ0QCY2D70;

Use of Proceeds

General Corporate Purposes

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