Solvay SA (SOLB)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	SOLB	Solvay SA	€600		1	EMEA	Aug 30, 2019

Tranche #1Solvay SA

currency

EUR

size (m)

600.000

maturity

Sep 6, 2029

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+110 a

ipt-pxd

guidance

MS+85-90

spread

coupon

0.50%

spread set

price

99.65000

yield

0.536%

book size (m)

2,300

peak book (m)

x-covered

3.83

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,300

peak book (m)

x-covered

3.83

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 2300; Registration: Reg S Only; Comments: EUR600m (upsized from EUR500m) 10yr bmk snr unsec RegS. Baa2/BBB. GCs BNPP(B&D)/HSBC, JBs CA-CIB/MUFG(a), BAML(p). IPTs MS+110 area, guidance MS+85/90, set MS+82 bk >2.3bn pre rec tight end. MWC B+20, 3mPC. DBR 0% 08/29 + 124.3bps (@ 107.31 / -0.707% / HR 90%). Tax Call: No. PP: No. XD: No;

Use of Proceeds

General Corporate Purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Solvay SA (SOLB)

Deal Details

Commentary

Deal Flow