ASTM SpA (ATIM)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	ATIM	ASTM SpA	€3,000		3	EMEA	Nov 18, 2021

Tranche #1ASTM SpA

currency

EUR

size (m)

750.000

maturity

Nov 25, 2026

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

fitch

BBB-

size description

re-open/tap

ipt

MS+140 a

ipt-pxd

guidance

spread

115

coupon

1.00%

spread set

price

99.73800

yield

1.054%

book size (m)

3,600

peak book (m)

x-covered

4.8

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,600

peak book (m)

x-covered

4.8

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2ASTM SpA

currency

EUR

size (m)

1,250.000

maturity

Jan 25, 2030

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

fitch

BBB-

size description

re-open/tap

ipt

MS+180 a

ipt-pxd

guidance

spread

160

coupon

1.5%

spread set

price

98.67200

yield

1.675%

book size (m)

3,900

peak book (m)

x-covered

3.12

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,900

peak book (m)

x-covered

3.12

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #3ASTM SpA

currency

EUR

size (m)

1,000.000

maturity

Nov 25, 2033

type

Fixed

tenor

12.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

fitch

BBB-

size description

re-open/tap

ipt

MS+235 a

ipt-pxd

guidance

spread

215

coupon

2.375%

spread set

price

99.70100

yield

2.404%

book size (m)

4,100

peak book (m)

x-covered

4.1

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

4,100

peak book (m)

x-covered

4.1

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 3600; Registration: Reg S Only; Comments: EUR750m 3-part bmk snr unsec SLB RegS. Baa3/NR/BBB-/2PO. BNPP/CS/IMI/JPM/Medio/Uni/Akros/Caixa/CA-CIB/SG. IPTs 5yr MS+140 area, set MS+115, 8yr MS+180 area, set MS+160, 12yr MS+235 area, set MS+215. Launch 750m/1.25bn/1bn, bks >3.6bn/>3.9bn/>4.1bn, all pre rec. OBL 0% 10/09/2026 #184 (HR: 96%) B+163.4bps (Px 102.88), DBR 0% 08/15/2029 (HR: 94%) B+209.8bps (Px 103.330), DBR 0% 8/15/2031 (HR: 103%) B+268.0bps (Px 102.724). LEI: 8156003F2286CFA55E20. CoC: 100%; 8 yr: Book size: 3900; Registration: Reg S Only; Comments: EUR1.25bn 3-part bmk snr unsec SLB RegS. Baa3/NR/BBB-/2PO. BNPP/CS/IMI/JPM/Medio/Uni/Akros/Caixa/CA-CIB/SG. IPTs 5yr MS+140 area, set MS+115, 8yr MS+180 area, set MS+160, 12yr MS+235 area, set MS+215. Launch 750m/1.25bn/1bn, bks >3.6bn/>3.9bn/>4.1bn, all pre rec. OBL 0% 10/09/2026 #184 (HR: 96%) B+163.4bps (Px 102.88), DBR 0% 08/15/2029 (HR: 94%) B+209.8bps (Px 103.330), DBR 0% 8/15/2031 (HR: 103%) B+268.0bps (Px 102.724). LEI: 8156003F2286CFA55E20. CoC: 100%; 12 yr: Book size: 4100; Registration: Reg S Only; Comments: EUR1bn 3-part bmk snr unsec SLB RegS. Baa3/NR/BBB-/2PO. BNPP/CS/IMI/JPM/Medio/Uni/Akros/Caixa/CA-CIB/SG. IPTs 5yr MS+140 area, set MS+115, 8yr MS+180 area, set MS+160, 12yr MS+235 area, set MS+215. Launch 750m/1.25bn/1bn, bks >3.6bn/>3.9bn/>4.1bn, all pre rec. OBL 0% 10/09/2026 #184 (HR: 96%) B+163.4bps (Px 102.88), DBR 0% 08/15/2029 (HR: 94%) B+209.8bps (Px 103.330), DBR 0% 8/15/2031 (HR: 103%) B+268.0bps (Px 102.724). LEI: 8156003F2286CFA55E20. CoC: 100%;

Deal Comments

Sustainability-Linked Bond

Use of Proceeds

Refinancing and general corporate purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

ASTM SpA (ATIM)

Deal Details

Commentary

Deal Flow