Lonza Swiss Finanz AG (LONN)

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Lonza Swiss Finanz AG (LONN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	HLTH	PRCD	LONN	Lonza Swiss Finanz AG	CHF150		1	EMEA	Apr 20, 2023

Tranche #1Lonza Swiss Finanz AG

currency

CHF

size (m)

150.000

maturity

Dec 9, 2029

type

Fixed

tenor

7.000

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

Yes

ipt

ipt-pxd

guidance

MS+33-35

spread

coupon

2.10%

spread set

price

98.96100

yield

2.278%

book size (m)

150

peak book (m)

x-covered

book attrition

nic

-3

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

150

peak book (m)

x-covered

book attrition

nic

-3

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 150; Comments: CHF150m (upsized from CHF100m) 2.1% Sep 2029 public snr unsec Local. NR/BBB+/AAA/16.43. ZKB/CS/UBS. Guidance MS+35/+38, revised MS+33/+35 wpir for 150m, launch MS+33, final eidg+115. PP: Yes. XD: Yes. CoC: Yes. LEI: 549300DLI5QKF3Q1H556. Distribution: Switz 100%. AM 63.5%, Bks/PB 18.75%, Ins 10.75%, PF 6%, Tsy 1%;

Deal Comments

Local Bond. CHF150m tap of CHF300m 7yr 2.10% due 12/9/2029

Guarantor(s)

Lonza Group AG

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