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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
FNCL
PRCD
VESTU
Vestum ABkr600
1EMEA
Oct 11, 2023
currency
SEK
size (m)
600.000
maturity
Apr 18, 2026
type
Floating
tenor
2.500
call
-
registration
-
benchmark
3mSt
ranking
Sr. Unsecured
moody's
-
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
-
spread
637.5
coupon
3mSt+637
spread set
-
price
100.00000
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
2.5 yr: Comments: SEK600m 2.5yr snr unsec. Danske/SEB/Swed(B&D). Final 3mS+637.5 at 600m. FTT Oct 12 8am. With tender offer SEK1.5bn 2024. CoC: 101%. MWC: during first 15 months at par plus 50% margin. Par Call: 3m;
Use of Proceeds
Repurchase Vestum's outstanding 2021/2024 bonds and general corporate purposes

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