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Commentary & Deal Flow

NEW ISSUE: Sanctuary Capital PLC £ bmk 9yr Sust Snr Sec; UKT+105a

IGC European Market: Deal Flow - General

Issuer

Term

Maturity

Size

Ranking

Type

IPT

Sanctuary Capital PLC

9yr

16-Jun-35

bmk

Snr Sec

Fixed

UKT+105a


IPTs: 9yr: UKT+105a


  • Issuer: Sanctuary Capital PLC (Ticker: SANCTU)
  • Issuer LEI: 213800A6T7362M7XHO44
  • Guarantors: Sanctuary Housing Association, Sanctuary Affordable Housing Limited, Sanctuary Scotland Housing Association Limited, Swan Housing Association Limited
  • Expected Issue Ratings: A2/A (Moody's/S&P)
  • Format: Senior, Secured, Reg S, Bearer, NGN
  • Size: £ Benchmark
  • Settlement: 16-Jun-26 (T+5)
  • Expected Maturity: 16-Jun-35
  • IPTs: UKT+105bps area
  • Benchmark Gilt: UKT 4.500% due Mar-35
  • Coupon: Fixed, Semi-Annual, ACT/ACT (ICMA)
  • Documentation: Note Programme dated 31-Mar-26, £100k + £1k, London Stock Exchange (ISM), English Law
  • Optional Redemption: 3 month Par Call, MWC
  • Asset Cover: 1.05x EUV-SH; 1.15x MV-ST plus charged cash
  • Use of Proceeds: Sustainable Bonds. Net proceeds from the issue of the Notes will be used by the Issuer for sustainable purposes and applied in accordance with the Issuer’s Sustainable Finance Framework
  • Target Market: UK MiFIR product governance is eligible counterparties and professional clients only (all distribution channels). No EEA PRIIPs KID or UK PRIIPs KID/CCI product summary. No EEA PRIIPs key information document (KID) or UK PRIIPs KID/CCI product summary has been prepared as not available to retail in EEA or UK.
  • ISIN: XS3405554737
  • Active Bookrunners: Barclays (B&D), HSBC, RBC Capital Markets
  • Marketing: https://dealroadshow.com / Entry code SANCTU26
  • Timing: Books open, today’s business
  • Advertisement: The Admission Particulars are available at https://www.sanctuary.co.uk/investors and the Final Terms, when published, will be available on the website of the London Stock Exchange