Mercedes-Benz Group AG (fka Daimler AG) (MBGGR)

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Mercedes-Benz Group AG (fka Daimler AG) (MBGGR)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	MBGGR	Mercedes-Benz Group AG (fka Daimler AG)	€3,000		3	EMEA	May 13, 2020

Tranche #1Mercedes-Benz Group AG (fka Daimler AG)

currency

EUR

size (m)

1,000.000

maturity

Aug 22, 2023

type

Fixed

tenor

3.250

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

MS+225 a

ipt-pxd

guidance

MS+200-205

spread

200

coupon

1.625%

spread set

price

99.83000

yield

1.68%

book size (m)

2,100

peak book (m)

x-covered

2.1

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,100

peak book (m)

x-covered

2.1

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Mercedes-Benz Group AG (fka Daimler AG)

currency

EUR

size (m)

1,250.000

maturity

Aug 22, 2026

type

Fixed

tenor

6.250

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

MS+265 a

ipt-pxd

guidance

MS+240-245

spread

240

coupon

spread set

price

99.27900

yield

2.125%

book size (m)

2,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #3Mercedes-Benz Group AG (fka Daimler AG)

currency

EUR

size (m)

750.000

maturity

May 22, 2030

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

BBB+

size description

re-open/tap

ipt

MS+285 a

ipt-pxd

guidance

MS+255-260

spread

255

coupon

2.375%

spread set

price

99.80600

yield

2.397%

book size (m)

2,200

peak book (m)

x-covered

2.93

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,200

peak book (m)

x-covered

2.93

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

3.25 yr: Book size: 2100; First Pay: 2020-08-22; Registration: Reg S Only; Comments: 3.25yr EUR1bn. Part of ~3bn 3-tr. A3/BBB+/BBB+. BNPP/DB/JPM/Santan/StCh/Uni(B&D). IPTs MS+225 area, guidance MS+200/+205 WPIR for exp 1bn, launch 1bn @MS+200, bk >2.1bn pre rec @tight end, Benchmark: DBR 2% 08/23 @109.13 B+244.2 HR: 90%. LEI: 529900R27DL06UVNT076.; 6.25yr: Book size: 2500; First Pay: 2020-08-22; Registration: Reg S Only; Comments: 6.25yr EUR1.25bn. Part of ~3bn 3-tr. A3/BBB+/BBB+. BNPP/DB/JPM/Santan(B&D)/StCh/Uni. IPTs MS+265 area, guidance MS+240/+245 WPIR for exp 1-1.25bn, launch 1.25bn at MS+240, bk >2.5bn pre rec @tight end. DBR 0% 08/26 @104.52 B+283.0 HR: 88%. LEI: 529900R27DL06UVNT076.; 10 yr: Book size: 2200; Registration: Reg S Only; Comments: 10yr EUR750m. Part of ~3bn 3-tr. A3/BBB+/BBB+. BNPP/DB(B&D)/JPM/Santan/StCh/Uni. IPTs MS+285 area, guidance MS+255/+260 WPIR for exp 750m, launch 750m @MS+255, bk >2.2bn pre rec, tight end. DBR 0% 02/30 @ 105.29 B+292.4 HR: 85%.;

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Mercedes-Benz Group AG (fka Daimler AG) (MBGGR)

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