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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
CONS
PRCD
COOPWH
Co-Operative Group Ltd£350
1EMEA
May 28, 2026
currency
GBP
size (m)
350.000
maturity
Dec 15, 2031
type
Fixed
tenor
5.500
call
2.00
registration
Reg S Only
benchmark
G
ranking
Sr. Unsecured
moody's
-
s&p
BB-
fitch
-
size description
-
re-open/tap
No
ipt
Mid to High 8%
ipt-pxd
-37.5
guidance
8.25%-8.50%
spread
386
coupon
8.25%
spread set
-
price
100.00000
yield
8.25%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
First Pay: 2027-01-15; Redemption: 2028-06-01; Registration: Reg S Only; Comments: Call: 50%, 25%, Par. CoC: 101%. MWC: Yes;
Use of Proceeds
Refinance existing £350m Senior Notes maturing Jul-26 at maturity, with an amount equal to net proceeds allocated in accordance with Co-op’s Sustainable Bond Framework