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Commentary & Deal Flow

NEW ISSUE: LSEG US Finance US$ Bnchmrk 3s/5s/10s 4-Pt; T+105A/SEqv/T+115A/T+145A

IGC European Market: Deal Flow - GeneralIGC US Market: Deal Flow - General

LSEG US Fin Corp (LSELN) exp A3/A US$ benchmark 144A/Reg S no reg rights 4-part sr notes (3y FXD and/or FRN due 3/23/29, 5y FXD due 3/23/31 and 10y FXD due 3/23/36). MWC FXD tranches. 1mo par call on 3y FXD (2/23/29), 1mo on 5y (2/23/31) and 3mos on 10y (12/23/35). 101 CoC. BofA (B&D on 5y/10y)/BNP/Citi/DB/GS/HSBC/MS (B&D on 3y FXD/FRN) joint active books. Guarantor: London Stock Exchange Group plc. Guarantor Ratings: A3/A (s/s). Denoms: 200,000 x 1,000. Sales into Canada: Yes, via wrapper. Listing: London Stock Exchange. UOP: Refinance indebtedness and/or general purposes. Pricing 3/16. Settle 3/23 (T+5). IPTs: 3yr FXD T+105 area, 3yr FRN SOFR Equivalent, 5yr T+115 area, 10yr T+145 area.


OTHER:

Cusip

144A: 50222CAC4 (3y FRN)

REGS: U54639AD8

144A: 50222CAD2 (3y FXD)

REGS: U54639AE6

144A: 50222CAE0

REGS: U54639AF3

144A: 50222CAF7

REGS: U54639AG1

ISIN

144A: US50222CAC47

REGS: USU54639AD87

144A: US50222CAD20

REGS: USU54639AE60

144A: US50222CAE03

REGS: USU54639AF36

144A: US50222CAF77

REGS: USU54639AG19

Listing/Governing Law

London Stock Exchange / English Law

Selling Restrictions

United States of America, the European Economic Area, the UK, Japan, Singapore, Hong Kong, Canada and Switzerland, as set out in the Preliminary Offering Memorandum, dated March 13, 2026