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	€500		1	EMEA	Aug 23, 2023

Tranche #1Continental AG

currency

EUR

size (m)

500.000

maturity

Mar 1, 2027

type

Fixed

tenor

3.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

BBB

size description

re-open/tap

ipt

MS+100 a

ipt-pxd

guidance

MS+80 a

spread

coupon

4.00%

spread set

price

99.65800

yield

4.113%

book size (m)

1,150

peak book (m)

x-covered

2.3

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,150

peak book (m)

x-covered

2.3

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

3.5 yr: Book size: 1150; Registration: Reg S Only; Comments: EUR500m 3.5yr bmk snr unsec RegS. Baa2/NR/BBB. Active: ING(GloCo/B&D)/Miz/SMBC/StCh, Passive: GS/NatWest. IPTs MS+100 area, guidance MS+80 (+/-5 WPIR) for 500m, final MS+75. Final books 1.15bn+ (peak 1.25bn+). OBL 0% 10/09/26 #184, B+138.9 (91.95) 2.724%, HR 114%. FTT 4pm. LEI: 529900A7YD9C0LLXM621. Tax Call: Yes. Par Call: 1m. Cleanup Call: 80%. CoC: Yes;

Deal Comments

Active Bookrunners: ING(B&D), MIZ, SMB, STC. Passive Bookrunners: GSC, NTW

Use of Proceeds

General Corporate Purposes

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