Lanxess AG (LXSGR)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	LXSGR	Lanxess AG	€600		1	EMEA	Mar 14, 2022

Tranche #1Lanxess AG

currency

EUR

size (m)

600.000

maturity

Mar 22, 2028

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+120 a

ipt-pxd

guidance

MS+100-105

spread

100

coupon

1.75%

spread set

price

99.64500

yield

1.813%

book size (m)

1,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

1,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 1200; Registration: Reg S Only; Comments: EUR600m exp. 6yr snr unsec SLB RegS. Baa2/BBB/-/BBB+(Scope). Barc/BofA/CMZ/JPM(B&D)/StCh. IPT MS+120 area, guidance MS+100/+105 for 500m-max 600m, launch 600m @MS+100, bk 1.2bn, peak >1.5bn, DBR 0.5% 02/28 (@ 102.28) + 170.0 bp, HR 94%. FTT 3.15pm. Par Call: 3-month. Cleanup Call: 80%. LEI: 529900PTLRE72EMYIJ77;

Deal Comments

Sustainable-Linked Bond

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Lanxess AG (LXSGR)

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