OSB Group PLC (OSBLN)

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OSB Group PLC (OSBLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	OSBLN	OSB Group PLC	£300		1	EMEA	Aug 31, 2023

Tranche #1OSB Group PLC

currency

GBP

size (m)

300.000

maturity

Sep 7, 2028

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

ranking

Senior

moody's

Baa2

s&p

fitch

BBB

size description

re-open/tap

ipt

9.50% a

ipt-pxd

guidance

spread

498.5

coupon

9.50%

spread set

price

100.00000

yield

9.50%

book size (m)

475

peak book (m)

x-covered

1.58

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

475

peak book (m)

x-covered

1.58

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 475; First Pay: 2024-03-07; Redemption: 2027-09-07; Registration: Reg S Only; Comments: GBP300m 5NC4 bmk snr RegS. Baa2/NR/BBB. Citi/GS(Logis)/Lloyds(B&D). IPTs 9.5% coupon area, launch 9.5% for 300m. Books 475m. UKT 1.250% 07/27, mid 88.472. Came UKT 1.25% 7/27 +498.5. Reset to 1yr Gilt + 498.5. FTT 1:55pm. Tax Call: Yes. Reset Date: 2027-09-07. Regulatory Call: Upon Loss Absorption Disqualification Event. LEI: 213800ZBKL9BHSL2K459;

Use of Proceeds

General Corporate Purposes

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