Abertis Infraestructuras SA (ABESM)

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Abertis Infraestructuras SA (ABESM)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	ABESM	Abertis Infraestructuras SA	€600		1	EMEA	Jan 31, 2023

Tranche #1Abertis Infraestructuras SA

currency

EUR

size (m)

600.000

maturity

Aug 7, 2029

type

Fixed

tenor

6.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB-

fitch

BBB

size description

re-open/tap

ipt

MS+170 a

ipt-pxd

guidance

MS+140

spread

135

coupon

4.125%

spread set

price

99.19300

yield

4.259%

book size (m)

3,500

peak book (m)

x-covered

5.83

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,500

peak book (m)

x-covered

5.83

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

6.5 yr: Book size: 3500; Registration: Reg S Only; Comments: EUR600m(upsized from 500m) 6.5yr snr unsec SLB. NR/BBB-/BBB. GloCos CA-CIB(struc/B&D)/JPM(struc)/Natx/Uni. JBs Barc/BBVA/CaixaBank/IMI/Medio/MS/Santan/SMBC. IPTs MS+170 area, guidance MS+140 area for 600m, launch MS+135. Final books 3.5bn+ (peak 3.8bn+). DBR 0.25 Feb-29 + 200.0bps (Px: 88.78); HR 107%. Par Call: 3m. Cleanup Call: 80%. MWC: B+30bps. CoC: Yes. LEI: 549300GKFVWI02JQ5332. Distribution: UK/Ire 25%, Ger/Aus/Switz 24%, Benelux 18%, Fr 16%, Iberia 9%, Asia 3%, Nordics 2%, It 2%, Other 1%. FM 61%, Ins/PF 15%, Bks/PB 10%, OI 8%, Other 6%;

Deal Comments

Sustainability-Linked Bond

Use of Proceeds

Refinancing and general corporate purposes

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