JCDecaux SA (DEC)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COMM	PRCD	DEC	JCDecaux SA	€600		1	EMEA	Jan 4, 2023

Tranche #1JCDecaux SA

currency

EUR

size (m)

600.000

maturity

Jan 11, 2029

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

size description

re-open/tap

ipt

MS+240 a

ipt-pxd

guidance

MS+220 a

spread

218

coupon

5.00%

spread set

price

99.53400

yield

5.092%

book size (m)

1,250

peak book (m)

x-covered

2.08

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,250

peak book (m)

x-covered

2.08

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 1250; Registration: Reg S Only; Comments: EUR600m 6yr snr unsec RegS. Baa3/BBB-. Gloco: BNPP/CA-CIB(B&D), actives HSBC/MUFG/Natx/SG, passives Barc/CIC/StCh. IPTs MS+240 area, guidance MS+220 area (+/-2) for exp 500m, launch 600m at MS+218. Final books 1.25bn+ (peak1.3bn). LEI: 9695009KV7AFPDEI5S30. Par Call: 3m. Cleanup Call: 75%. MWC: B+45bps. CoC: Yes. Distribution: Fr 39.7%, Ger/Aus 28.8%, UK/Ire 21.7%, S.Eur 4.4%, Benelux 3%, Switz 2%, Other 0.4%. AM 90.3%, CB/OI 6.3%, Ins/PF 2.8%, Bks/PB 0.4%, Other 0.2%;

Deal Comments

Active Bookrunners: BNP, CAG(B&D), HSB, MUF, NAT, SOC. Passive Bookrunners: BRC, CRC, STC

Use of Proceeds

Refinancing and general corporate purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

JCDecaux SA (DEC)

Deal Details

Commentary

Deal Flow