Schaeffler AG (SHAEFF)

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Schaeffler AG (SHAEFF)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	SHAEFF	Schaeffler AG	€2,200		3	EMEA	Mar 19, 2019

Tranche #1Schaeffler AG

currency

EUR

size (m)

750.000

maturity

Mar 26, 2022

type

Fixed

tenor

3.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+165 a

ipt-pxd

guidance

MS+140 a

spread

130

coupon

1.125%

spread set

price

99.75400

yield

1.209%

book size (m)

5,400

peak book (m)

x-covered

7.2

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

5,400

peak book (m)

x-covered

7.2

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Schaeffler AG

currency

EUR

size (m)

800.000

maturity

Mar 26, 2024

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+235 a

ipt-pxd

guidance

MS+210 a

spread

190

coupon

1.875%

spread set

price

99.41600

yield

1.999%

book size (m)

7,300

peak book (m)

x-covered

9.13

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

7,300

peak book (m)

x-covered

9.13

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #3Schaeffler AG

currency

EUR

size (m)

650.000

maturity

Mar 26, 2027

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+290 a

ipt-pxd

guidance

MS+265 a

spread

255

coupon

2.875%

spread set

price

99.46500

yield

2.951%

book size (m)

5,800

peak book (m)

x-covered

8.92

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

5,800

peak book (m)

x-covered

8.92

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

3 yr: Book size: 5400; Registration: Reg S Only; Comments: EUR750m 3yr bmk. Part of 2.2bn 3-tranche. Follows rshow. Baa3/BBB-/BBB-. BNPP/BAML/CMZ(B&D)/DB. IPTs MS+165 area, guidance MS+140 area, set MS+130, bk >5.4bn, OBL 0$ 4/22 +170.9 @101.54 / HR 94%. Par Call: 1m; 5 yr: Book size: 7300; Registration: Reg S Only; Comments: EUR800m 5yr bmk. Part of 2.2bn 3-tranche. Follows rshow. Baa3/BBB-/BBB-. BNPP/BAML/CMZ(B&D)/DB. IPTs MS+235 area, guidance MS+210 area, set MS+190 on bk >7.3bn. Vs OBL 0% 4/24 +231.7 @ 1101.62 HR 92%. Par Call: 3m; 8 yr: Book size: 5800; Registration: Reg S Only; Comments: EUR650m 8yr. Part of 2.2bn 3-tranche. Follows rshow. Baa3/BBB-/BBB-. BNPP/BAML/CMZ(B&D)/DB. IPTs MS+290 area, guidance MS+265 area, set MS+255 on bk >5.8bn, Bund 0.2% 2/27 +305.7 @ 102.83 / HR 87%. Par Call: 3m;

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