Vivendi SA (VIV)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COMM	PRCD	VIV	Vivendi SA	€2,100		3	EMEA	Jun 4, 2019

Tranche #1Vivendi SA

currency

EUR

size (m)

700.000

maturity

Jun 13, 2022

type

Zero

tenor

3.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+60 a

ipt-pxd

guidance

MS+40 a

spread

coupon

spread set

price

99.67000

yield

11.00%

book size (m)

2,000

peak book (m)

x-covered

2.86

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,000

peak book (m)

x-covered

2.86

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Vivendi SA

currency

EUR

size (m)

700.000

maturity

Jun 11, 2025

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+90 a

ipt-pxd

guidance

MS+70-75

spread

coupon

0.625%

spread set

price

99.91200

yield

0.64%

book size (m)

1,900

peak book (m)

x-covered

2.71

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,900

peak book (m)

x-covered

2.71

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #3Vivendi SA

currency

EUR

size (m)

700.000

maturity

Dec 11, 2028

type

Fixed

tenor

9.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+120 a

ipt-pxd

guidance

MS+100-105

spread

coupon

1.125%

spread set

price

98.92400

yield

1.246%

book size (m)

1,500

peak book (m)

x-covered

2.14

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,500

peak book (m)

x-covered

2.14

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

3 yr: Book size: 2000; First Pay: 2020-06-13; Registration: Reg S Only; Comments: EUR700m bmk. Part of 3-part. Baa2/BBB. BAML/BNPP(B&D)/CA-CIB/Citi/CM-CIC/HSBC/Natx/SG. IPTs MS+60 area, guidance +40 area, launched 700m @MS+35. Books 2bn pre rec (topped c.3bn). HR 103% vs OBL 0% 4/22+76.7 @101.89. 1mPC, MWC B+15. FTT 7.45am Weds (Source: IFR); 6 yr: Book size: 1900; Registration: Reg S Only; Comments: EUR700m bmk. Part of 3-part. Baa2/BBB. BAML/BNPP(B&D)/CA-CIB/Citi/CM-CIC/HSBC/Natx/SG. IPTs MS+90 area, guidance +70/+75, launched 700m @MS+67, bk 1.9bn (topped ~2.2bn). HR 98% vs DBR 0.5% 02/25+117 @105.97 / HR 98%. MWC B+20, 3mPC. FTT 7.45am Weds. (Source: IFR); 9.5 yr: Book size: 1500; First Pay: 2019-12-11; Registration: Reg S Only; Comments: EUR700m bmk. Part of 3-part. Baa2/BBB. BAML/BNPP(B&D)/CA-CIB/Citi/CM-CIC/HSBC/Natx/SG. IPTs MS+120 area, guidance +100/+105, launched 700m @MS+98, bk 1.5bn (topped ~1.9bn). HR 93% vs DBR 0.25% 8/28+ 150 @104.69. MWC B+25, 3mPC. FTT 7.45am Weds (Source: IFR);

Use of Proceeds

Mixed

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