Industrivarden AB (INDU)

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Industrivarden AB (INDU)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	INDU	Industrivarden AB	kr1,500		3	EMEA	Feb 7, 2023

Tranche #1Industrivarden AB

currency

SEK

size (m)

500.000

maturity

Aug 14, 2026

type

Fixed

tenor

3.500

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A+

fitch

size description

re-open/tap

ipt

ipt-pxd

guidance

MS+75-80

spread

coupon

3.557%

spread set

price

100.00000

yield

3.557%

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 #2Industrivarden AB

currency

SEK

size (m)

500.000

maturity

Feb 14, 2028

type

Fixed

tenor

5.000

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A+

fitch

size description

re-open/tap

ipt

ipt-pxd

guidance

MS+100-105

spread

coupon

3.642%

spread set

price

100.00000

yield

3.642%

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 #3Industrivarden AB

currency

SEK

size (m)

500.000

maturity

Feb 14, 2028

type

Floating

tenor

5.000

call

registration

benchmark

3mSt

ranking

Sr. Unsecured

moody's

s&p

A+

fitch

size description

re-open/tap

ipt

ipt-pxd

guidance

3mSt+100-105

spread

coupon

3mSt+90

spread set

price

100.00000

yield

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

3.5 yr: First Pay: 2023-08-14; Comments: SEK500m (exp) each 3-tr snr unsec. NR/A+. HCM(B&D)/Nordea. Guidance 3.5yr fxd MS+75/+80. Launch 500m at MS+70. Combined books c.3.7bn ex JLM (heavy skew to 5yr, 5yr heavy skew to FRN). LEI: 549300TM1DLIQI3B3T37; 5 yr: First Pay: 2024-02-14; Comments: SEK500m (exp) each 3-tr snr unsec. NR/A+. HCM(B&D)/Nordea. Guidance 5yr fxd MS+100/+105. Launch 500m at MS+90. Combined books c.3.7bn ex JLM (heavy skew to 5yr, 5yr heavy skew to FRN). LEI: 549300TM1DLIQI3B3T37; 5 yr: First Pay: 2023-05-14; Comments: SEK500m (exp) each 3-tr snr unsec. NR/A+. HCM(B&D)/Nordea. Guidance 5yr FRN 3mS+100/+105. Launch 500m at 3mS+90. Combined books c.3.7bn ex JLM (heavy skew to 5yr, 5yr heavy skew to FRN). LEI: 549300TM1DLIQI3B3T37;

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Industrivarden AB (INDU)

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