Suez SA (SUEZFP)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	SUEZFP	Suez SA	£600		1	EMEA	Sep 28, 2023

Tranche #1Suez SA

currency

GBP

size (m)

600.000

maturity

Oct 5, 2043

type

Fixed

tenor

20.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

size description

re-open/tap

ipt

G+190-200

ipt-pxd

guidance

G+175 a

spread

173

coupon

6.625%

spread set

price

98.59200

yield

6.645%

book size (m)

1,400

peak book (m)

x-covered

2.33

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,400

peak book (m)

x-covered

2.33

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

20 yr: Book size: 1400; Registration: Reg S Only; Comments: GBP600m (upsized from GBP500m) 20yr inaugural green bmk snr unsec RegS. Baa2. Actives HSBC/NatWest/RBC/Santan(log/B&D), passives BBVA/BNPP/MS/SMBC. IPTs UKT 4.5% 12/42 +190/+200, guidance UKT+175 area for exp 500m, launch UKT+173 for 600m. Books 1.4bn+ pre-rec, at guidance (peak 1.6bn+). FTT 4pm. Par Call: 3m. MWC: G+30bps. CoC: Yes;

Deal Comments

Green Bond. Active Bookrunners: SNT(B&D), HSB, NTW, RBC. Passive Bookrunners: BBV, BNP, MOS, SMB

Use of Proceeds

Refinancing

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Suez SA (SUEZFP)

Deal Details

Commentary

Deal Flow