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RKTLN Sell-off; Pricing Update

CONSUMER STAPLES

RKTLN: Euro mids +4-10bps wider, £ lines showing more muted +2-3 moves, $ line are short-end heavy (outside the 39/44's that may not trade). Equities finding some bottom at -12%; {RKT LN Equity}, 5yr € CDS, likely stale on our end showing +49 (vs. cash curve at ~+69) - we see basis flipping negative only recently/post earnings in late Feb.

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RKTLN: Euro mids +4-10bps wider, £ lines showing more muted +2-3 moves, $ line are short-end heavy (outside the 39/44's that may not trade). Equities finding some bottom at -12%; {RKT LN Equity}, 5yr € CDS, likely stale on our end showing +49 (vs. cash curve at ~+69) - we see basis flipping negative only recently/post earnings in late Feb.