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	Oct 13, 2021

Tranche #1Hera SpA

currency

EUR

size (m)

500.000

maturity

Apr 25, 2034

type

Fixed

tenor

12.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+95 a

ipt-pxd

guidance

MS+75 a

spread

coupon

1.00%

spread set

price

99.10500

yield

1.077%

book size (m)

1,900

peak book (m)

x-covered

3.8

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,900

peak book (m)

x-covered

3.8

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

12.5 yr: Book size: 1900; Registration: Reg S Only; Comments: EUR500m WNG 12.5yr snr unsec SLB RegS. Baa2/BBB+. BNPP/Medio/Uni (struc) + CA-CIB(log)/BcaIMI/Santan(B&D). With tender for 2024/2026/2027/2028 notes. IPTs MS+95 area, guidance MS+75 area, launch MS+70, bk >1.9bn. MWC B+20, 3mPC. DBR 0% 15 Aug 2031 + 121.1bps (Px: 101.325% YTM -0.134%) / HR 116%. FTT 3.45pm. LEI: 8156009414FD99443B48;

Deal Comments

Sustainable Bond

Use of Proceeds

Refinancing and general corporate purposes

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