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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COMM
PRCD
WPPLN
WPP Finance 2013€1,250
2EMEA
Mar 5, 2024
currency
EUR
size (m)
600.000
maturity
Sep 12, 2029
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa2
s&p
BBB
fitch
-
size description
-
re-open/tap
No
ipt
MS+140-145
ipt-pxd
-
guidance
-
spread
108
coupon
3.625%
spread set
-
price
99.33200
yield
3.765%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
650.000
maturity
Sep 12, 2033
type
Fixed
tenor
9.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa2
s&p
BBB
fitch
-
size description
-
re-open/tap
No
ipt
MS+175-180
ipt-pxd
-
guidance
-
spread
143
coupon
4.000%
spread set
-
price
99.63900
yield
4.049%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
5 yr: Registration: Reg S Only; Comments: EUR600m 5yr(9/12/2029) cpn 3.625%, yld 3.765% at 99.332. Spread: T+108bps. Par Call: 2m. MWC: B+25bps. CoC: Yes. DBR 0 08/29 @ 88.380 / B+146.8 / HR 104%. LEI: 549300L84EKSLWWPGI24; 9 yr: Registration: Reg S Only; Comments: EUR650m 9yr(9/12/2033) cpn 4%, yld 4.049% at 99.639. Spread: MS+143bps. Par Call: 3m. MWC: B+30bps. CoC: Yes. DBR 2.6 08/33 @ 102.50 / B+174.8 / HR 91%. LEI: 549300L84EKSLWWPGI24;
Deal Comments
Global Note
Guarantor(s)
WPP PLC, WPP 2005 Ltd, WPP Jubilee Ltd
Use of Proceeds
General Corporate Purposes

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