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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
REAL
PRCD
HMSOLN
Hammerson PLC€350
1EMEA
Jun 1, 2026
currency
EUR
size (m)
350.000
maturity
Jun 8, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa2
s&p
-
fitch
A-
size description
-
re-open/tap
No
ipt
MS+145-150
ipt-pxd
-37.5
guidance
MS+115 area
spread
110
coupon
3.875%
spread set
-
price
99.68300
yield
3.946%
book size (m)
1,400
peak book (m)
1,900
x-covered
4
book attrition
-26.32%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,400
peak book (m)
1,900
x-covered
4
book attrition
-26.32%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1400; Registration: Reg S Only; Comments: 122.4bps vs OBL 2 1/2 04/16/31 @98.981 / 2.722% (HR: 99%). MWC: Yes. CoC: 100%. Clean-Up Call: 80%. Covenants: Yes. LEI: 213800G1C9KKVVDN1A60;
Use of Proceeds
General Corporate Purposes
Relative Value

COMPS

Type

Ticker

Rating

Coupon

Maturity

Tenor

Size

I-Sprd

Secondary

HMSOLN

Baa2/-/A-

3.50%

Apr-32

5.9y

350m

121

Secondary

LIFP

-/A-/A

1.25%

Sep-31

5.3y

600m

74

Secondary

ANNGR

-/BBB+/BBB+

0.63%

Mar-31

4.8y

600m

77

Secondary

O

A3/A-/-

3.38%

Jun-31

5.1y

650m

85

Secondary

URWFP

Baa2/BBB+/WD

1.38%

Dec-31

5.5y

1000m

89

Secondary

MERYFP

-/BBB/-

4.00%

Sep-31

5.3y

300m

111

Secondary

CARDFP

-/BBB/BBB+

3.88%

Jan-32

5.7y

400m

128

New Issue

GFCFP

A3/A-/-

3.25%

Jun-31

5.0y

500m

68

New Issue

CBRELP

-/-/A-

3.88%

May-31

5.0y

500m

109

New Issue

VVOYHT

Baa2/-/-

4.00%

May-30

4.0y

300m

117