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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
PRSFN
PRS Finance PLC£189
1EMEA
May 19, 2026
currency
GBP
size (m)
188.800
maturity
Dec 10, 2030
type
Floating
tenor
4.500
call
-
registration
Reg S Only
benchmark
SONIA
ranking
Sr. Secured
moody's
Aa3
s&p
-
fitch
-
size description
-
re-open/tap
Yes
ipt
-
ipt-pxd
-5
guidance
SONIA+55 area
spread
50
coupon
SONIA+50
spread set
-
price
100.08200
yield
-
book size (m)
650
peak book (m)
650
x-covered
3.44
book attrition
0.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
650
peak book (m)
650
x-covered
3.44
book attrition
0.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 650; Redemption: 2025-12-10; Registration: Reg S Only; Comments: Temporary ISIN: XS3386694619. Total Outstanding: GBP438.8m. LEI: 2138002JNX4ZKQI8OU17;
Deal Comments
UPDATE: Spread Set at SONIA+50
Guarantor(s)
The Secretary of State for Housing Communities and Local Government