A EUR500m Senior, Unsecured, RegS Bearer fixed rate notes issue is now priced for G4S International Finance plc, rated BBB- (Negative Outlook) by S&P and guaranteed by G4S plc. Due 09 January 2023, the deal pays a coupon of 1.5% and has an issue price of 99.902 to give a spread of +140bp over mid-swaps, equivalent to +182.5bp over the 1.5% Feb-2023 DBR. Yield is 1.517% Joint bookrunners are BAML, ING, Lloyds, Santander. Pay date 09 November. Off the Issuer's EMTN programme. London Listing. English Law. CoC @ 100. Denoms: 100+1k. UoP: Refinance existing debt and General Corporate Purposes. ISIN: XS1515216650.
Price talk: IPTs: MS+170-175 bps. Guidance: EUR500m @ m/s+150-155. Books E2.5bn+. Final terms: EUR500m @ ms+140 (the #). Final terms: EUR500m @ m/s+140 (the #). Books closed north of EUR3.6bn.
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