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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
CONS
PRCD
SZUGR
Suedzucker International Finance BV€400
1EMEA
Oct 24, 2022
currency
EUR
size (m)
400.000
maturity
Oct 31, 2027
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB-
fitch
-
size description
-
re-open/tap
No
ipt
MS+237.5-250 a
ipt-pxd
-
guidance
MS+225 a
spread
220
coupon
5.125%
spread set
-
price
99.47100
yield
5.248%
book size (m)
890
peak book (m)
-
x-covered
2.23
book attrition
-
nic
25
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
890
peak book (m)
-
x-covered
2.23
book attrition
-
nic
25
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
5 yr: Book size: 890; Registration: Reg S Only; Comments: EUR400m 5yr snr unsec SLB RegS. Baa3/BBB-/NR S&P ESG 2PO. BNPP/DB(B&D)/DZ/LBBW/Uni. IPTs MS+237.5/+250 area for min 300m, guidance MS+225 area, launched 400m at MS+220. Final books 890m+ excl JLM (Peak 1.1bn+). OBL 1.3% 10/15/27 # 186 @ Px 96.095 (B+311.3 bp / HR: 94% ). Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. MWC: B+50bp. CoC: Yes. Distribution: Ger 43%, Fr 20%, UK 17%, Aus/Switz 9%, S.Eur 6%, Other 5%. AM 59%, Bks 23%, HF 8%, Corp 7%, Ins/PF 2%, Other 1%. LEI: 724500M1VGG79HOVI026;
Deal Comments
Sustainability-Linked Bond
Guarantor(s)
Suedzucker AG
Use of Proceeds
Refinancing and for general corporate purposes

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