JAB Holdings BV (JABHOL)

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JAB Holdings BV (JABHOL)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	JABHOL	JAB Holdings BV	€1,000		2	EMEA	Apr 8, 2020

Tranche #1JAB Holdings BV

currency

EUR

size (m)

500.000

maturity

Apr 17, 2027

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

A-

fitch

size description

re-open/tap

ipt

MS+290 a

ipt-pxd

guidance

MS+270-275

spread

270

coupon

2.5%

spread set

price

99.26700

yield

2.616%

book size (m)

1,100

peak book (m)

x-covered

2.2

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,100

peak book (m)

x-covered

2.2

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2JAB Holdings BV

currency

EUR

size (m)

500.000

maturity

Apr 17, 2035

type

Fixed

tenor

15.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

A-

fitch

size description

re-open/tap

ipt

MS+345 a

ipt-pxd

guidance

MS+325-330

spread

325

coupon

3.375%

spread set

price

99.00700

yield

3.461%

book size (m)

1,200

peak book (m)

x-covered

2.4

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,200

peak book (m)

x-covered

2.4

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 1100; Registration: Reg S Only; Comments: EUR500m 7yr snr unsec RegS. With 15yr. Baa2/A-. BNPP/BofA/Citi/DB/MUFG/Santan. IPTs MS+290 area, guidance MS+270/+275 WPIR, launch 500m @MS+270, bk > 1.1bn (peaked ~1.2bn). HR 88% DBR 0.25% Feb-2027+308.1 @104.98. WKN A28V30. LEI: 529900RRNKUM3INJGF98.; 15 yr: Book size: 1200; Registration: Reg S Only; Comments: EUR500m 15 snr unsec RegS. With 7yr. Baa2/A-. BNPP(B&D)/BofA/Citi/DB/MUFG/Santan. IPTs MS+345 area, guidance MS+325/+330 WPIR, launch 500m @MS+325, bk > 1.2bn (peaked ~1.3bn). HR 58% vs DBR 4.75% Jul-2034+364.4 @171.15. WKNA28V31. LEI: 529900RRNKUM3INJGF98.;

Use of Proceeds

General corporate purposes

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