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Commentary & Deal Flow

DEAL STATS: SJM Intl US$540m Reg S only 6.50% 5NC2 sr notes $2.4bn book size

HYC APAC Market: Deal Flow - GeneralHYC European Market: Deal Flow - General

Final deal stats - SJM Intl Limited US$540m 5.60% Reg S 5yNC2 sr notes Final Orderbook over US$2.4bn (inclusive of US$175m JBR interest) from 155 investors (good at reoffer). By Region: Asia 87%, EMEA 13%. By Investor Type: FM/AM 83%, PB 11%, Corp/Bank/Sec 6%.