06 August 2024: Wealth Product Ideas
| Ticker and ISIN | TSCOLN 2 ¾ 04/27/30 Corp (XS2163089563) |
| Issuer | Tesco Corporate Treasury Services |
| Country | United Kingdom |
| Currency | GBP |
| Industry | Supermarkets (BCLASS) |
| Coupon rate | 2.750% |
| Coupon frequency | Annual |
| Maturity | 04/27/2030 (MAKE WHOLE @40.000 until 01/27/30/ CALL 01/27/[email protected]) |
| Ratings | Baa3 (Moody’s) / BBB- (S&P) / BBB- (Fitch) / BBB- (Composite) |
| YTM | 4.616% |
| Amount issued | 450,000,000 |
(Source: Bloomberg)
| Ticker and ISIN | TSCOLN 6.15 11/15/37 Corp (USG87621AL52) |
| Issuer | Tesco PLC |
| Country | United Kingdom |
| Currency | USD |
| Industry | Supermarkets (BCLASS) |
| Coupon rate | 6.150% |
| Coupon frequency | Semi-annual |
| Maturity | 11/15/2037 (MAKE WHOLE @25.000 until 11/15/37/BULLET) |
| Ratings | Baa3 (Moody’s) / BBB- (S&P) / BBB- (Fitch) / BBB- (Composite) |
| YTM | 5.548% |
| Amount issued | 354,714,000 |
(Source: Bloomberg)
