Legal & General Group PLC (LGEN)

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Legal & General Group PLC (LGEN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	LGEN	Legal & General Group PLC	£600		1	EMEA	Mar 25, 2025

Tranche #1Legal & General Group PLC

currency

GBP

size (m)

600.000

maturity

Apr 1, 2055

type

Fixed

tenor

30.000

call

registration

benchmark

ranking

Subordinated

moody's

s&p

fitch

BBB+

size description

re-open/tap

ipt

G+220 a

ipt-pxd

guidance

G+200

spread

200

coupon

6.625%

spread set

price

99.12300

yield

6.747%

book size (m)

1,350

peak book (m)

x-covered

2.25

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,350

peak book (m)

x-covered

2.25

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

30 yr: Book size: 1350; First Pay: 2025-10-01; Redemption: 2034-10-01; Comments: GBP600m 30NC10 cpn 6.625% at 99.123, yld 6.747%. Spread: G+200bps. Reset Date: 4/1/2035. LEI:213800JH9QQWHLO99821. Distribution Stats: By Region: UK 85%, Asia 9%, Switzerland 2%, Southern Europe 2%, Other 2%. By Type: AM 83%, CB & O.I. 10%, HF 4%, Ins. & PF 2%, Banks & PBs 1%;

Deal Comments

Tier 2

Use of Proceeds

Refinancing and general commercial activities

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