Helvetia Investment Trust (Europe) AG

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Helvetia Investment Trust (Europe) AG

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	-	Helvetia Investment Trust (Europe) AG	€600		1	EMEA	Jun 23, 2020

Tranche #1Helvetia Investment Trust (Europe) AG

currency

EUR

size (m)

600.000

maturity

Sep 30, 2041

type

Fixed

tenor

21.250

call

registration

Reg S Only

benchmark

Swaps

ranking

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+330 a

ipt-pxd

guidance

MS+300-305

spread

295

coupon

2.75%

spread set

price

99.08400

yield

2.847%

book size (m)

2,800

peak book (m)

x-covered

4.67

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,800

peak book (m)

x-covered

4.67

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

21.25 yr: Book size: 2800; Registration: Reg S Only; Comments: EUR600m bmk 21.25NC11.25 Tier 2 RegS. -/BBB+. CS/DB/MS(B&D)/Natx/UBS. IPTs MS+330 area, guidance MS+300/+305 for 600m, launch MS+295, bk >2.8bn pre rec @guidance. 100bp step. DBR 0% Feb-30 @ 104.44 +329.7 (HR 93%). LEI: 549300KW3XYA7W477U50.;

Guarantor(s)

Helvetia Schweizerische Versicherungsgesellschaft AG (subordinated basis)

Use of Proceeds

Refinancing and general corporate purposes.

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