Book size: 1300; First Pay: 2027-01-31; Registration: Reg S Only; Comments: 399.1bp vs OBL 2.9 10/08/31 #194 (@98.924 / 3.134%). NP: Yes. MWC: B+50. CoC: 101%. Clean-Up Call: 75%. LEI: 969500I3QVK40XEORU25;
Use of Proceeds
The Issuer intends to use an amount equivalent to the net proceeds from the issuance of the Notes to finance and/or refinance, in whole or in part, new or existing Eligible Blue Projects in accordance with its Green and Blue Financing Framework. The net proceeds from the issuance of the Notes will be applied, in whole or in part, to (i) fund a tender offer on its €500,000,000 0.750% Sustainability Linked Senior Notes due September 2028 (ISIN XS2385390724) (the “Existing 2028 Notes”) or otherwise refinance the Existing 2028 Notes; (ii) to pay costs, fees and expenses in connection with the tender offer on the Existing 2028 Notes; and (iii) for general corporate purposes