Continental AG (CONGR)

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Continental AG (CONGR)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	CONGR	Continental AG	€750		1	EMEA	May 24, 2023

Tranche #1Continental AG

currency

EUR

size (m)

750.000

maturity

Jun 1, 2028

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

BBB

size description

re-open/tap

ipt

MS+120 a

ipt-pxd

guidance

MS+100 a

spread

coupon

4.00%

spread set

price

99.44500

yield

4.125%

book size (m)

1,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 1500; Registration: Reg S Only; Comments: EUR750m 5yr snr unsec bmk RegS. Baa2/NR/BBB. Active: DB(GloCo/B&D)/BofA/Citi/Uni, Passive: CMZ/WFS. IPTs MS+120 area, guidance MS+100 area, launch MS+95 for 750m. Final books 1.5bn+ (peak 1.7bn). HR 98% vs OBL 187# 2.2% 04/28 + 168.2 @ 99.88, FTT 3.40pm. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. CoC: Yes. LEI: 529900A7YD9C0LLXM621;

Deal Comments

Active Bookrunners: DEU(B&D), BAM, CTI, UNI. Passive Bookrunners: CMZ, WFS

Use of Proceeds

General Corporate Purposes

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