Universal Music Group NV (UNIMUS)

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Universal Music Group NV (UNIMUS)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COMM	PRCD	UNIMUS	Universal Music Group NV	€1,000		2	EMEA	Jun 23, 2022

Tranche #1Universal Music Group NV

currency

EUR

size (m)

500.000

maturity

Jun 30, 2027

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+140 a

ipt-pxd

guidance

MS+125 a

spread

120

coupon

3.00%

spread set

price

99.52500

yield

3.104%

book size (m)

2,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Universal Music Group NV

currency

EUR

size (m)

500.000

maturity

Jun 30, 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+185 a

ipt-pxd

guidance

MS+170 a

spread

165

coupon

3.75%

spread set

price

99.11000

yield

3.859%

book size (m)

2,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,000

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR500m 5yr 2-tr snr unsec RegS. Baa1/BBB. GloCos BNPP(B&D)/BofA: Actives Citi/GS/MUFG/SG. IPTs 5yr 500m WNG MS+140 area. Guidance MS+125 a, launch MS+120, bks ~2bn, peak >2bn. B+194.4 vs OBL 0% Apr-27 #185 @94.61 (HR 101%). Par Call: 3m. Cleanup Call: 80%. MWC: B+30. CoC: 100%. LEI: 724500GJBUL3D9TW9Y18 ; 10 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR500m 10yr 2-tr snr unsec RegS. Baa1/BBB. GloCos BNPP(B&D)/BofA: Actives Citi/GS/MUFG/SG. IPTs 10 yr 500m WNG MS+185 area. Guidance MS+170 a, launch MS+165, bks ~2bn, peak >2bn. B+243.5 vs DBR 0% Feb-32 @ 87.26 (HR 99%). Par Call: 3m. Cleanup Call: 80%. MWC: B+40. CoC: 100%. LEI: 724500GJBUL3D9TW9Y18 ;

Use of Proceeds

Refinancing

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Universal Music Group NV (UNIMUS)

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