Banco de Sabadell SA (SABSM)

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Banco de Sabadell SA (SABSM)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	SABSM	Banco de Sabadell SA	£450		1	EMEA	Sep 3, 2024

Tranche #1Banco de Sabadell SA

currency

GBP

size (m)

450.000

maturity

Oct 13, 2029

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

ranking

Senior Preferred

moody's

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

G+145-150

ipt-pxd

guidance

spread

135

coupon

5.00%

spread set

price

99.80900

yield

5.044%

book size (m)

850

peak book (m)

x-covered

1.89

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

850

peak book (m)

x-covered

1.89

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 850; First Pay: 2024-10-13; Registration: Reg S Only; Comments: GBP450m long 5yr SP bmk RegS. NR/BBB+/BBB+/AL. Saba/Barc/HSBC(B&D)/Nomura. IPTs UKT 0.875% Oct 2029 +145/+150 area, set UKT+135, launch 450m. Books 850m+ (peak 885m+). Allocs out. HR 103% vs UKT 0.875 10/29 (mid: 86.930 bid 86.915). FTT 4:20pm. Tax Call: Yes. Cleanup Call: 75%. Regulatory Call: Disqualification Event. LEI: SI5RG2M0WQQLZCXKRM20;

Deal Comments

Preferred Notes

Use of Proceeds

General Corporate Purposes

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