Hera SpA (HERIM)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	HERIM	Hera SpA	€500		1	EMEA	Nov 26, 2020

Tranche #1Hera SpA

currency

EUR

size (m)

500.000

maturity

Dec 3, 2030

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+90 a

ipt-pxd

guidance

MS+65 a

spread

coupon

0.25%

spread set

price

99.03800

yield

0.348%

book size (m)

1,600

peak book (m)

x-covered

3.2

book attrition

nic

-3

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,600

peak book (m)

x-covered

3.2

book attrition

nic

-3

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 1600; Registration: Reg S Only; Comments: EUR500m no-grow 10yr snr unsec RegS. Baa2/BBB+. BNPP/CA-CIB/DB/IMI/Medio/Uni(B&D). IPTs MS+90 area, guidance MS+65 area, set MS+60, bk ~1.6bn (peak >2.3bn), DBR 0% Aug 2030 + 93.2bps (105.855). HR 94%. 3mPC, MWC B+15. FTT 3.30pm. LEI: 8156009414FD99443B48;

Use of Proceeds

General corporate purposes

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