Otto Gmbh & Co Kg (OTOBT)

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Otto Gmbh & Co Kg (OTOBT)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	OTOBT	Otto Gmbh & Co Kg	€300		1	EMEA	Jul 10, 2018

Tranche #1Otto Gmbh & Co Kg

currency

EUR

size (m)

300.000

maturity

type

Fixed

tenor

call

registration

Reg S Only

benchmark

ranking

moody's

s&p

fitch

size description

re-open/tap

ipt

4.5% a

ipt-pxd

guidance

4.125-4.25%

spread

416.7

coupon

4.00%

spread set

price

99.25300

yield

4.125%

book size (m)

500

peak book (m)

x-covered

1.67

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

500

peak book (m)

x-covered

1.67

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

P NC 7: Book size: 500; Redemption: 2025-07-17; Registration: Reg S Only; Comments: EUR300m(from exp 250m) PNC7 hybrid. Follows rshow. Uni(struct/B&D)/CMZ/MMWarbur. IPTs 4.5% area, guidance 4.125%/4.25% WPIR, launched 300m@4.125%, bk closed ~600m @TEOG, prerec. 4% coupon. Bmk 0.5% 2/25+416.7, WKN A2LQ0B. MWC B+65. 500bp step, 500bp CoC step. FTT 3:15pm (Source: IFR);

Deal Comments

Hybrid

Use of Proceeds

General Corporate Purposes

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Otto Gmbh & Co Kg (OTOBT)

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