Securitas Treasury Ireland DAC (SECUSS)

No results found for "".

Securitas Treasury Ireland DAC (SECUSS)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	SECUSS	Securitas Treasury Ireland DAC	€600		1	EMEA	Aug 30, 2023

Tranche #1Securitas Treasury Ireland DAC

currency

EUR

size (m)

600.000

maturity

Mar 6, 2029

type

Fixed

tenor

5.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB-

fitch

size description

re-open/tap

ipt

MS+145 a

ipt-pxd

guidance

MS+125 a

spread

120

coupon

4.375%

spread set

price

99.93700

yield

4.393%

book size (m)

1,300

peak book (m)

x-covered

2.17

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,300

peak book (m)

x-covered

2.17

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

5.5 yr: Book size: 1300; Registration: Reg S Only; Comments: EUR600m (upsized from EUR500m) 5.5yr snr unsec RegS. BBB-(S&P). BBVA(log)/CIC/Citi(B&D)/CMZ/Danske/ING/SEB(log)/Uni. IPTs MS+145 area for exp 500m, guidance MS+125 area, launch MS+120 for 600m. Final books 1.3bn+ (peak1.5bn+). DBR 0.25% 02/29 (px 88.66), HR 102%, B+189.5. FTT: 4:40pm. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. MWC: B+30. CoC: Yes. LEI: 635400BJYMDVAXBPJ960;

Guarantor(s)

Securitas AB

Use of Proceeds

Refinancing and 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

Securitas Treasury Ireland DAC (SECUSS)

Deal Details

Commentary

Deal Flow