Akzo Nobel NV (AKZANA)

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Akzo Nobel NV (AKZANA)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	AKZANA	Akzo Nobel NV	€1,200		2	EMEA	Mar 21, 2022

Tranche #1Akzo Nobel NV

currency

EUR

size (m)

600.000

maturity

Mar 28, 2028

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+105-110

ipt-pxd

guidance

MS+80 a

spread

coupon

1.5%

spread set

price

99.77800

yield

1.539%

book size (m)

4,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

4,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Akzo Nobel NV

currency

EUR

size (m)

600.000

maturity

Mar 28, 2032

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+135-140

ipt-pxd

guidance

MS+110 a

spread

100

coupon

spread set

price

99.35600

yield

2.072%

book size (m)

4,200

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

4,200

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: 4200; Registration: Reg S Only; Comments: EUR600m bmk 6/10yr snr unsec RegS. Barc/Citi/DB/JPM/NatWest. IPTs 6yr exp 500m MS+105/+110 , 10yr exp 500m MS+135/+140, guidance MS+80a/MS+110a, launch 600m MS+70 / 600m @ MS+100. Combined bks >8.4bn 9even split @guidance), DBR 0.5% Feb-28 @ 101.9 / +136.3bps (HR:96%) DBR 0% Feb-32 @ 95.74 / +163.1bps (HR:94%). FTT 4pm. Cleanup Call: 80%. MWC: B+20. LEI: 724500XYIJUGXAA5QD70; 10 yr: Book size: 4200; Registration: Reg S Only; Comments: EUR600m bmk 6/10yr snr unsec RegS. Barc/Citi/DB/JPM/NatWest. IPTs 6yr exp 500m MS+105/+110 , 10yr exp 500m MS+135/+140, guidance MS+80a/MS+110a, launch 600m MS+70 / 600m @ MS+100. Combined bks >8.4bn 9even split @guidance), DBR 0.5% Feb-28 @ 101.9 / +136.3bps (HR:96%) DBR 0% Feb-32 @ 95.74 / +163.1bps (HR:94%). FTT 4pm. Cleanup Call: 80%. MWC: B+25. LEI: 724500XYIJUGXAA5QD70;

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Akzo Nobel NV (AKZANA)

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