Rothesay Life PLC (ROTHLF)

No results found for "".

Rothesay Life PLC (ROTHLF)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	ROTHLF	Rothesay Life PLC	£500		1	EMEA	May 9, 2023

Tranche #1Rothesay Life PLC

currency

GBP

size (m)

500.000

maturity

May 16, 2033

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

ranking

Subordinated

moody's

s&p

fitch

BBB+

size description

re-open/tap

ipt

G+400 a

ipt-pxd

guidance

G+380 a

spread

375

coupon

7.734%

spread set

price

100.00000

yield

7.734%

book size (m)

1,450

peak book (m)

x-covered

2.9

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,450

peak book (m)

x-covered

2.9

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 1450; First Pay: 2024-05-16; Registration: Reg S Only; Comments: GBP500m 10yr Tier 2 bmk RegS. NR/NR/BBB+. Barc/BNPP/BofA/NatWest(B&D). IPTs UKT 3.25% Jan 2033 +400 area, guidance UKT+380 area (+/-5 WPIR) for 500m, set UKT+375. Final books 1.45bn. HR 90% vs UKT 3.25% 1/33. ftt 2:45pm. Tax Call: Yes. Par Call: 6m. Cleanup Call: 80%. Regulatory Call: upon the occurrence of Capital Disqualification Event, Ratings Methodology Event. LEI: MFQO711J5UPYBWXSPG12;

Deal Comments

Tier 2

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

Rothesay Life PLC (ROTHLF)

Deal Details

Commentary

Deal Flow