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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
MTRL
PRCD
LHN
Holcim Finance Luxembourg SA€850
1EMEA
Nov 17, 2020
currency
EUR
size (m)
850.000
maturity
Apr 23, 2031
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
-
moody's
Baa2
s&p
BBB
fitch
-
size description
-
re-open/tap
No
ipt
MS+110 a
ipt-pxd
-
guidance
MS+85 a
spread
77
coupon
0.5%
spread set
-
price
99.43500
yield
0.556%
book size (m)
3,800
peak book (m)
-
x-covered
4.47
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,800
peak book (m)
-
x-covered
4.47
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
10 yr: Book size: 3800; Registration: Reg S Only; Comments: EUR850m long 10yr sustainability linked. Baa2/BBB. Struct ING(B&D)/SG. JBs BNPP/HSBC/Santan. IPTs MS+110 area, guidance MS+85 area, exp 750m, launch 850m @ MS+77, bk ~3.8bn pre rec @guidance. MWC, 3mPC. Linked to ability to reduce (@31/12/2030) Scope 1 CO2 intensity to 475kg net CO2/ton of cementitious material or less. B+111.31 vs DBR 0% 08/30 @ 105.590 (-0.557%) ; (HR 97%);
Deal Comments
Sustainability-Linked Bond
Guarantor(s)
LafargeHolcim Ltd

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