Log In
No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COMM
PRCD
WPPLN
WPP Finance 2013€1,000
1EMEA
Dec 2, 2025
currency
EUR
size (m)
1,000.000
maturity
Jun 9, 2031
type
Fixed
tenor
5.500
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa2
s&p
BBB
fitch
-
size description
-
re-open/tap
No
ipt
MS+155 area
ipt-pxd
-30
guidance
n/a - straight to launch
spread
125
coupon
3.625%
spread set
-
price
99.44400
yield
3.742%
book size (m)
2,900
peak book (m)
3,300
x-covered
2.9
book attrition
-12.12%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,900
peak book (m)
3,300
x-covered
2.9
book attrition
-12.12%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2900; Registration: Reg S Only; Comments: EUR1bn 5.5yr fxd cpn 3.625% at 99.444, yld 3.742%. Spread: MS+125bps. 139.4ps vs DBR 0% 15 February 2031 @ 88.630 / 2.348% (HR: 108%). Par Call: 3m. MWC: B+25. CoC: Yes. LEI: 549300L84EKSLWWPGI24;
Guarantor(s)
WPP PLC, WPP 2005 Ltd, WPP Jubilee Ltd
Use of Proceeds
General Corporate Purposes

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow