Lonza Finance International NV (LONN)

No results found for "".

Lonza Finance International NV (LONN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	HLTH	PRCD	LONN	Lonza Finance International NV	€500		1	EMEA	May 16, 2023

Tranche #1Lonza Finance International NV

currency

EUR

size (m)

500.000

maturity

May 25, 2033

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+130 a

ipt-pxd

guidance

MS+105 a

spread

100

coupon

3.875%

spread set

price

99.09100

yield

3.987%

book size (m)

2,300

peak book (m)

x-covered

4.6

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

2,300

peak book (m)

x-covered

4.6

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 2300; Registration: Reg S Only; Comments: EUR500m 10yr bmk snr unsec RegS. BBB+. BNPP/BofA(log)/Citi/HSBC/JPM(B&D). Passive GS/ING. IPTs MS+130 area, guidance MS+105 area for 500m, launch MS+100. Final books 2.3bn+ (peak 2.45bn+). DBR Feb 2033 (@ 99.63) +164.5bp, HR 94%. FTT 4:30pm. MWC: B+25bps. CoC: 101%. Cleanup Call: 80%. Par Call: 3m;

Deal Comments

Active Bookrunners: JPM(B&D), BNP, BAM, CTI, HSB. Passive Bookrunners: GSC, ING

Guarantor(s)

Lonza Group AG

Use of Proceeds

General Corporate Purpooses

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Lonza Finance International NV (LONN)

Deal Details

Commentary

Deal Flow