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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
INDS
PRCD
SYDAU
Sydney Airport Finance Co Pty Ltd€500
1APAC
Apr 16, 2026
currency
EUR
size (m)
500.000
maturity
Apr 28, 2034
type
Fixed
tenor
8.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Secured
moody's
Baa1
s&p
BBB+
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+140-145
ipt-pxd
-40.5
guidance
MS+110 area
spread
102
coupon
3.965%
spread set
-
price
100.00000
yield
3.965%
book size (m)
3,100
peak book (m)
4,600
x-covered
6.2
book attrition
-32.61%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,100
peak book (m)
4,600
x-covered
6.2
book attrition
-32.61%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3100; Registration: Reg S Only; Comments: EUR500m 8yr cpn fxd 3.965% at 100, yld 3.965%. Spread: MS+102bps. 107.7bps vs DBR 2.2 02/15/34 (95.24) HR: 100%. CoC: 101%. MWC DBR+20bps. LEI: 549300MJAANHLHOVTO40;
Guarantor(s)
Southern Cross Airports Corp Holdings Ltd, Southern Cross Airports Corp Pty Ltd, Sydney Airport Corp Ltd, Sydney Airport RPS Co Pty Ltd
Use of Proceeds
To refinance existing indebtedness and/or for general corporate purposes