Nama Electricity Distribution Co SAOC (fka Mazoon Electricity SAOC Co) (NMHDC)

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Nama Electricity Distribution Co SAOC (fka Mazoon Electricity SAOC Co) (NMHDC)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
HYC	UTIL	PRCD	NMHDC	Nama Electricity Distribution Co SAOC (fka Mazoon Electricity SAOC Co)	$750		1	EMEA	Oct 2, 2024

Tranche #1Nama Electricity Distribution Co SAOC (fka Mazoon Electricity SAOC Co)

currency

USD

size (m)

750.000

maturity

Oct 9, 2031

type

Fixed

tenor

7.000

call

registration

144A/Reg S

benchmark

Tsy

ranking

Sr. Unsecured

moody's

Ba1

s&p

fitch

BB+

size description

re-open/tap

ipt

T+195 a

ipt-pxd

guidance

T+170 a

spread

165

coupon

5.25%

spread set

price

99.74000

yield

5.295%

book size (m)

2,400

peak book (m)

x-covered

3.2

book attrition

nic

left lead

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,400

peak book (m)

x-covered

3.2

book attrition

nic

left lead

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 2400; First Pay: 2024-04-09; Registration: 144A/Reg S; Comments: USD750m 7yr sukuk snr unsec bmk RegS/144A. Ba1/NR/BB+. GloCos Citi(B&D)/JPM, JBs ENBD/GIB/Mashreq/StCh. IPTs T+195 area, guidance T+170 area, launch 750m at T+165. Books subj 2.4bn+ excl JLM. HR 94% vs T 3.625% Sep 2031. FTT 8am Thurs. Cleanup Call: 75%. CoC: Yes. LEI: 6354003TDIRN5Y6LJP91;

Deal Comments

Sukuk

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Nama Electricity Distribution Co SAOC (fka Mazoon Electricity SAOC Co) (NMHDC)

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