No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COMM
PRCD
BRITEL
BT Finance PLC€850
1EMEA
Nov 10, 2025
currency
EUR
size (m)
850.000
maturity
Nov 17, 2032
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa2
s&p
BBB
fitch
BBB
size description
-
re-open/tap
No
ipt
MS+125-130
ipt-pxd
-
guidance
MS+100 area
spread
95
coupon
3.375%
spread set
-
price
99.52800
yield
3.452%
book size (m)
3,500
peak book (m)
-
x-covered
4.12
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,500
peak book (m)
-
x-covered
4.12
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3500; Registration: Reg S Only; Comments: EUR850m 7yr fxd cpn 3.375% at 99.528, yld 3.452%. Spread: MS+95bps. 104.9bps vs DBR 1.7 08/15/32 @ 95.660 / HR 102%. CoC: 100%. MWC: B+20bps. Par Call: 3m. LEI: 64882D4OUTP2YP126091;
Guarantor(s)
British Telecommunications Ltd, BT Group PLC
Use of Proceeds
General Corporate Purposes

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow