Kingspan Securities (Ireland) DAC (KSPID)

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Kingspan Securities (Ireland) DAC (KSPID)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	KSPID	Kingspan Securities (Ireland) DAC	€750		1	EMEA	Oct 23, 2024

Tranche #1Kingspan Securities (Ireland) DAC

currency

EUR

size (m)

750.000

maturity

Oct 31, 2031

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB

fitch

BBB

size description

re-open/tap

ipt

MS+150 a

ipt-pxd

guidance

MS+125 a

spread

120

coupon

3.50%

spread set

price

99.57300

yield

3.570%

book size (m)

3,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 3000; Registration: Reg S Only; Comments: EUR750m Debut 7yr bmk snr unsec RegS. NR/BBB/BBB. BNPP/BofA/Danske(log)/ING(B&D). IPTs MS+150 area, guidance MS+125 area for 600m-750m max, launch 750m at MS+120. Final books 3bn+ (peak 3.4bn+). DBR 0% 08/15/31 (HR 105%), B+144.9. FTT 3:25pm. MWC: B+25bp. CoC: Yes. Par Call: 3m. Cleanup Call: 75%. LEI: 635400FJSIQEIEFQMV55. Distribution: DACH 34%, UK & Ireland 18%, Nordics 16%, BeNeLux 15%, Southern Europe 8%, others 6%, France 3%. FM / AM 72%, PF / insurance 17%, HF 6%, bank & bank treasury 4%, others 1%;

Guarantor(s)

Kingspan Group PLC, Kingspan Holdings (Irl) Ltd, Kingspan Securities Ltd, Kingspan Holdings (Overseas) Ltd, Kingspan Holdings (North America) Ltd, Kingspan Holdings Ltd, Kingspan International Finance Unltd Co

Use of Proceeds

General Corporate Purposes

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