Aroundtown SA (ARNDTN)

No results found for "".

Aroundtown SA (ARNDTN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	REAL	PRCD	ARNDTN	Aroundtown SA	€850		1	EMEA	Jul 7, 2026

Tranche #1Aroundtown SA

currency

EUR

size (m)

850.000

maturity

Jul 14, 2031

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+170 area

ipt-pxd

-30

guidance

SET at MS+140#

spread

140

coupon

3.625%

spread set

price

97.29400

yield

4.237%

book size (m)

1,900

peak book (m)

2,300

x-covered

2.24

book attrition

-17.39%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,900

peak book (m)

2,300

x-covered

2.24

book attrition

-17.39%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

Book size: 1900; Registration: Reg S Only; Comments: OBL 2 ½ 31 #193 +153.3bps (@ 99.08 Px) / HR 99%. MWC: B+25. CoC: Yes. Tax Call: Yes. Clean-Up Call: 80%. LEI: 529900H4DWG3KWMBMQ39;

Deal Comments

This deal was upsized from EUR800m to EUR850m

Use of Proceeds

To refinance and/or repay the Issuer’s existing debt, including the purchase of notes through concurrent tender offers, and general corporate purposes

Relative Value

5yr (July 2031) @ MS+170 area

Implied Spread for fresh 5yr @ MS+133

Priced at MS+140
NIC of 7

COMPS
Ticker	Rating	Term yrs	MS+
ARNDTN 4.8 7/16/29	Nr/BBB/Nr	3	85
ARNDTN 3.5 5/13/30	Nr/BBB/Nr	3.9	119
ARNDTN 3.25 1/2/2031	Nr/BBB/Nr	4.5	129

Hide Details

CreditFlow: End of Day (Europe IG)	Jul 7, 2026

Jul 7, 2026

1 to 1 of 1

	PRICED: Aroundtown €850m 5yr Sr Unsec; MS+140bp	Jul 7, 2026
	ALLOCATIONS OUT: Aroundtown €850m 5yr Sr Unsec; MS+140bp	Jul 7, 2026
	LAUNCHED: Aroundtown €850m 5yr Sr Unsec; MS+140bp	Jul 7, 2026
	UPDATE: Aroundtown € bmk 5yr Sr Unsec; Spread set at MS+140bp	Jul 7, 2026
	NEW ISSUE: Aroundtown € bmk 5yr Sr Unsec; MS+170a	Jul 7, 2026

1 to 5 of 5

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Aroundtown SA (ARNDTN)

Deal Details

Commentary

Deal Flow