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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COND
PRCD
BMW
BMW International Investment BVCHF500
2EMEA
Oct 1, 2024
currency
CHF
size (m)
300.000
maturity
Oct 9, 2028
type
Fixed
tenor
4.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A2
s&p
A
fitch
-
size description
-
re-open/tap
No
ipt
MS+75-80
ipt-pxd
-
guidance
MS+75 a
spread
75
coupon
1.20%
spread set
-
price
100.04900
yield
1.188%
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
CHF
size (m)
200.000
maturity
Oct 8, 2032
type
Fixed
tenor
8.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A2
s&p
A
fitch
-
size description
-
re-open/tap
No
ipt
MS+85-90
ipt-pxd
-
guidance
MS+85 a
spread
85
coupon
1.40%
spread set
-
price
100.16900
yield
1.378%
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
4 yr: First Pay: 2024-10-08; Comments: CHF300m(upsized from CHF275m) 2-tr 4y bmk public snr unsec. A2/A. BNPP/CMZ. IPTs 4yr MS+75/+80. Guidance MS+75 area for min 175m. Spread set MS+75 for min 275m. Launch 300m. Final Eidg+87. PP: Yes. LEI: 724500J951RJJFEW5X49; 8 yr: First Pay: 2024-10-08; Comments: CHF200m(upsized from CHF175m) 2-tr 8yr bmk public snr unsec. A2/A. BNPP/CMZ. IPTs 8yr MS+85/+90. Guidance MS+85 area for min 125m. Spread set MS+85 for min 175m. Launch 200m. Final Eidg+105. PP: Yes. LEI: 724500J951RJJFEW5X49;
Guarantor(s)
Bayerische Motoren Werke AG
Use of Proceeds
General Corporate Purposes

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