Sika AG (SIKASW)

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C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	SIKASW	Sika AG	CHF600		3	EMEA	Oct 31, 2022

Tranche #1Sika AG

currency

CHF

size (m)

100.000

maturity

May 28, 2024

type

Fixed

tenor

1.500

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+40-45

ipt-pxd

guidance

MS+38-43

spread

coupon

1.60%

spread set

price

100.06700

yield

1.556%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Sika AG

currency

CHF

size (m)

200.000

maturity

Nov 28, 2025

type

Fixed

tenor

3.000

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+50-55

ipt-pxd

guidance

MS+48-53

spread

coupon

1.90%

spread set

price

100.03600

yield

1.888%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #3Sika AG

currency

CHF

size (m)

300.000

maturity

Nov 28, 2028

type

Fixed

tenor

6.000

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+70-75

ipt-pxd

guidance

MS+65-70

spread

coupon

2.35%

spread set

price

100.09700

yield

2.333%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

1.5 yr: Comments: CHF100m bmk 1.5yr snr unsec bmk public. CS/UBS/ZKB. IPTs MS+40-45. Guidance MS+38-43. Came 100m 1.6% MS+38, Eidg+107, 1.556%. PP: Yes. XD: Yes. Cleanup Call: 80%. CoC: 101%. Distribution: Switz 100%. Bks 47%, Tsy 34%, AM 14%, Ins 3.5%, PF 1.5%. LEI: 549300R3N69ECGYPU434; 3 yr: Comments: CHF200m bmk 3yr snr unsec bmk public. CS/UBS/ZKB. IPTs 3yr MS+50-55. Guidance 150m+ MS+48-53. Came 200m 1.9% MS+48, Eidg+131, 1.888%. PP: Yes. XD: Yes. Par Call: 3m. Cleanup Call: 80%. CoC: 101%. Distribution: Switz 100%. AM 41.5%, Bks 41.5%, Tsy 8.5%, PF 7.5%, Ins 1%. LEI: 549300R3N69ECGYPU434; 6 yr: Comments: CHF300m bmk 6yr snr unsec bmk public. CS/UBS/ZKB. IPTs 6yr MS+70-75. Guidance 300m+ MS+65-70. Came 300m 2.35% MS+65, Eidg+141, 2.333%. PP: Yes. XD: Yes. Par Call: 3m. Cleanup Call: 80%. CoC: 101%. Distribution: Switz 100%. AM 40%, Bks 24%, Ins 17%, PF 12.5%, Tsy 6.5%. LEI: 549300R3N69ECGYPU434;

Use of Proceeds

Refinancing and general corporate purposes

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Sika AG (SIKASW)

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