Akzo Nobel NV (AKZANA)

No results found for "".

Akzo Nobel NV (AKZANA)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	AKZANA	Akzo Nobel NV	€500		1	EMEA	May 15, 2023

Tranche #1Akzo Nobel NV

currency

EUR

size (m)

500.000

maturity

May 24, 2033

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+125-130 a

ipt-pxd

guidance

MS+110-115

spread

110

coupon

4.00%

spread set

price

99.41800

yield

4.072%

book size (m)

575

peak book (m)

x-covered

1.15

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

575

peak book (m)

x-covered

1.15

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 575; Registration: Reg S Only; Comments: EUR500m 10yr snr unsec bmk RegS. Baa2/BBB/MSCI AAA/Sustainalytics low risk. HSBC(B&D)/ING/SEB/SG/StCh. IPTs MS+125/+130 area, guidance MS+110/+115 WPIR for 500m, launch MS+110. Books 575m+(Peak 900m+). B+176.5, DBR 2.3% 02/33 @99.93 /2.307%, HR 93%. FTT 2:45pm. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. MWC: B+30. CoC: Yes. LEI: 724500XYIJUGXAA5QD70;

Use of Proceeds

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

Akzo Nobel NV (AKZANA)

Deal Details

Commentary

Deal Flow