Tesco Corporate Treasury Services PLC (TSCOLN)

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Tesco Corporate Treasury Services PLC (TSCOLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	CONS	PRCD	TSCOLN	Tesco Corporate Treasury Services PLC	-		2	EMEA	Feb 20, 2023

Tranche #1Tesco Corporate Treasury Services PLC

currency

EUR

size (m)

500.000

maturity

Feb 27, 2031

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+150 a

ipt-pxd

guidance

MS+130-135

spread

130

coupon

4.25%

spread set

price

99.50200

yield

4.325%

book size (m)

1,150

peak book (m)

x-covered

2.3

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,150

peak book (m)

x-covered

2.3

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Tesco Corporate Treasury Services PLC

currency

GBP

size (m)

250.000

maturity

Feb 27, 2035

type

Fixed

tenor

12.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

G+205 a

ipt-pxd

guidance

G+180-185

spread

180

coupon

5.50%

spread set

price

99.12300

yield

5.602%

book size (m)

900

peak book (m)

x-covered

3.6

book attrition

nic

12.5

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

900

peak book (m)

x-covered

3.6

book attrition

nic

12.5

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

8 yr: Book size: 1150; Registration: Reg S Only; Comments: EUR500m 8yr part of 2-tr snr unsec bmk RegS. Baa3/BBB-/BBB-. BNPP(B&D)/Rabo/Santan/StCh. IPTs EUR500m WNG 8yr MS+150 area. Guidance MS+130/+135. Launch MS+130. Final books 1.15bn (peak 1.4bn+). DBR 0% 02/31 (82.695) B+191.6, UKT 0.625% Jul-35 (69.351 mid / 69.32 bid). FTT: 4:30pm. Par Call: 3m. MWC: B+30. CoC: Yes. LEI: 21380018AJDKNF3A6712; 12 yr: Book size: 900; Registration: Reg S Only; Comments: GBP250m 12 yr part of 2-tr snr unsec bmk RegS. Baa3/BBB-/BBB-. BNPP(B&D)/Rabo/Santan/StCh. IPTs GBP250m WNG 12yr UKT 0.625% 7/35 +205 area. Guidance UKT+180/+185. Launch UKT+180. Final books 900m (peak 1.1bn+). DBR 0% 02/31 (82.695) B+191.6, UKT 0.625% Jul-35 (69.351 mid / 69.32 bid). FTT: 4:30pm. Par Call: 3m. MWC: G+30. CoC: Yes. LEI: 21380018AJDKNF3A6712;

Guarantor(s)

Tesco PLC

Use of Proceeds

General Corporate Purposes

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Tesco Corporate Treasury Services PLC (TSCOLN)

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