Arkema SA (AKE)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	AKE	Arkema SA	€400		1	EMEA	Jun 5, 2019

Tranche #1Arkema SA

currency

EUR

size (m)

400.000

maturity

type

Fixed

tenor

call

registration

benchmark

Swaps

ranking

moody's

Ba1

s&p

BBB-

fitch

re-open/tap

ipt

3.375% a

ipt-pxd

guidance

2.875-3.00%

spread

286.5

coupon

2.75%

spread set

price

99.98900

yield

2.75%

book size (m)

3,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

P NC 5.25: Book size: 3200; Redemption: 2024-09-17; Comments: EUR400m no-grow PNC5.25 hybrid. Ba1/BBB-. BNPP(B&D)/Citi/Natx. IPTs 3.375% area, guidance 2.875%/3%, tbp 2.75%. Books clsoed 3.2bn+ pre-rec. TBP today. With tender. Came 400m @2.75% MS+286.5 / B+334;

Deal Comments

Hybrid Bond

Use of Proceeds

Refinancing and general corporate purposes

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