Skipton Building Society (SKIPTN)

No results found for "".

Skipton Building Society (SKIPTN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	SKIPTN	Skipton Building Society	£350		1	EMEA	Apr 18, 2023

Tranche #1Skipton Building Society

currency

GBP

size (m)

350.000

maturity

Apr 25, 2029

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

ranking

Senior

moody's

Baa1

s&p

fitch

A-

re-open/tap

ipt

G+290 a

ipt-pxd

guidance

spread

275

coupon

6.25%

spread set

price

99.60700

yield

6.343%

book size (m)

465

peak book (m)

x-covered

1.33

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

465

peak book (m)

x-covered

1.33

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 465; First Pay: 2023-10-25; Redemption: 2028-04-25; Registration: Reg S Only; Comments: GBP350m 6NC5 bmk SNP RegS. Baa1/NR/A-. Barc/BNPP/NatWest(B&D)/SG. IPTs UKT+290 area, launch 350m at UKT+275. Final books ~465m (peak 640m). UKT 0.125% 01/28 (mid 84.878% , bid 84.84%) HR: 106%. FTT: 3:15pm. Tax Call: Yes. PP: Yes. Reset Date: 2028-04-25. Regulatory Call: Yes (Loss Absorption Disqualification Event). LEI: 66AGRETLUXS4YO5MUH35;

Deal Comments

Non-Preferred Note

Guarantor(s)

Skipton Covered Bonds LLP

Use of Proceeds

General Corporate Purposes

Hide Details

Explore all other Commentary & Deal Flow