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	£400		1	EMEA	Jan 9, 2024

Tranche #1OSB Group PLC

currency

GBP

size (m)

400.000

maturity

Jan 16, 2030

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

ranking

Senior

moody's

Baa2

s&p

fitch

BBB

size description

re-open/tap

ipt

ipt-pxd

guidance

9.00-9.25%

spread

525.2

coupon

8.875%

spread set

price

100.00000

yield

8.875%

book size (m)

800

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

800

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 800; Redemption: 2029-01-16; Registration: Reg S Only; Comments: GBP400m 6NC5 snr bmk RegS. Baa2/NR/BBB. Citi/GS(Logis)/NatWest(B&D). Guidance 9%-9.25% (s.a coupon), set 8.875%, launch 400m. Final books c.800m at reoffer (peak 875m+). UKT 0.5% Jan 2029 @ 85.685 mid (3.623%). FTT 3:30pm, Tax Call: Yes. Reset Date: 2029-01-16. Regulatory Call: Yes, Loss Absorption Disqualification Event. LEI: 213800ZBKL9BHSL2K459. PP: No. XD: No;

Use of Proceeds

General Corporate Purposes

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