Lonza Finance International NV (LONN)

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Lonza Finance International NV (LONN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	HLTH	PRCD	LONN	Lonza Finance International NV	€500		1	EMEA	Apr 8, 2020

Tranche #1Lonza Finance International NV

currency

EUR

size (m)

500.000

maturity

Apr 21, 2027

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+235 a

ipt-pxd

guidance

MS+200 a

spread

180

coupon

1.125%

spread set

price

99.42400

yield

1.713%

book size (m)

5,600

peak book (m)

x-covered

11.2

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

5,600

peak book (m)

x-covered

11.2

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 5600; Registration: Reg S Only; Comments: EUR500m no-grow 7yr. BBB+ S&P. First mandated in Nov 2019. BofA/Citi/CS(B&D)/HSBC/ING. IPTs MS+235 area, guidance MS+200 area, set MS+180, bks >5.6bn (peaked >6bn). HR 91% vs DBR 0.25% Feb-27s +219.6 @105.11. MWC B+35, 3mPC. Tax Call: No. PP: No. XD: No. LEI: 549300AS6XQBD4ETT379;

Guarantor(s)

Lonza Group AG

Use of Proceeds

Refinancing and general corporate purposes

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