Pearson Funding PLC (PSON)

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Pearson Funding PLC (PSON)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COMM	PRCD	PSON	Pearson Funding PLC	£350		1	EMEA	Apr 23, 2026

Tranche #1Pearson Funding PLC

currency

GBP

size (m)

350.000

maturity

Apr 28, 2036

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

BBB

size description

re-open/tap

ipt

G+155 area

ipt-pxd

-17

guidance

n/a - straight to launch

spread

138

coupon

6.375%

spread set

price

99.60200

yield

6.330%

book size (m)

1,500

peak book (m)

1,550

x-covered

4.29

book attrition

-3.23%

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,500

peak book (m)

1,550

x-covered

4.29

book attrition

-3.23%

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

Book size: 1500; Registration: Reg S Only; Comments: GBP350m 10yr fxd cpn 6.375% at 99.602, yld 6.330%. Spread: G+138bps. Par Call: 3m. MWC: G+25. CoC: Yes. LEI: 2138001ZJKQ5U81RMY52;

Deal Comments

UPDATE: Spread Set at G+138#

Guarantor(s)

Pearson PLC

Use of Proceeds

General Corporate Purposes

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Explore all other Commentary & Deal Flow

	PRICED: Pearson Funding £350m 10yr Sr Unsec; G+138	Apr 23, 2026
	ALLOCATIONS OUT: Pearson Funding £350m 10yr Sr Unsec; G+138	Apr 23, 2026
	LAUNCHED: Pearson Funding £350m 10yr Sr Unsec; G+138	Apr 23, 2026
	NEW ISSUE: Pearson Funding £ bmk 10yr Sr Unsec; G+155a	Apr 23, 2026
	MANDATE: Pearson Inv Calls 22-Apr; Reg S £ bmk 10yr Sr Unsec Offering May Follow	Apr 22, 2026

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Pearson Funding PLC (PSON)

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