Acea SpA (ACEIM)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	ACEIM	Acea SpA	€200		1	EMEA	Feb 3, 2023

Tranche #1Acea SpA

currency

EUR

size (m)

200.000

maturity

Jan 24, 2031

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

BBB+

size description

re-open/tap

Yes

ipt

ipt-pxd

guidance

MS+115 a

spread

105

coupon

3.875%

spread set

price

100.36800

yield

3.82%

book size (m)

300

peak book (m)

x-covered

1.5

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

300

peak book (m)

x-covered

1.5

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

8 yr: Book size: 300; Registration: Reg S Only; Comments: EUR200m (upsized from EUR150m) tap of 500m 3.875% Jan 2031 snr unsec green RegS. Baa2/NR/BBB+, ISS ESG 2PO. BofA/GS/IMI(B&D)/JPM/Uni. Guidance MS+115 area, set MS+105 for exp 150-200m, launch 200m. Books 300m+ at reoffer (peak 360m+). DBR 0% 08/2030 @ 85.41 / HR 108%/ B+170. Funge after ~40 days. FTT 2:15pm. Par Call: 3m. CoC: Yes. MWC: B+30bps. Cleanup Call: 80%. LEI: 549300Q3448N041CTH56;

Deal Comments

Green Bond. EUR200m tap of 500m 3.875% due 1/24/2031

Use of Proceeds

Refinancing of Eligible Green Projects

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Acea SpA (ACEIM)

Deal Details

Commentary

Deal Flow