Lonza Swiss Finanz AG (LONN)

No results found for "".

Lonza Swiss Finanz AG (LONN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	HLTH	PRCD	LONN	Lonza Swiss Finanz AG	CHF400		2	EMEA	Nov 6, 2023

Tranche #1Lonza Swiss Finanz AG

currency

CHF

size (m)

185.000

maturity

May 16, 2028

type

Fixed

tenor

4.500

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+95-105

ipt-pxd

guidance

MS+93-95

spread

coupon

2.25%

spread set

price

100.05400

yield

2.239%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Lonza Swiss Finanz AG

currency

CHF

size (m)

215.000

maturity

May 16, 2031

type

Fixed

tenor

7.500

call

registration

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+115-125

ipt-pxd

guidance

MS+113-115

spread

115

coupon

2.60%

spread set

price

100.29500

yield

2.558%

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

4.5 yr: Comments: CHF185m (upsized from CHF165m) 4.50yr part of 2-tr public snr unsec. BNPP/CMZ/UBS. IPTs 4.5yr MS+95/+105. Guidance MS+95/+100 for 150m+. Revised MS+93/+95 wpir for new min 165m. Launch MS+93 for 185m. Eidg+120. PP: Yes. XD: Yes. CoC: Yes. LEI: 549300DLI5QKF3Q1H556. Distribution: (2/3 leads) Switz 100%. AM 60.5%, Bks/PB 23.5%, Ins 7.5%, PF 6%, Tsy 2.5%; 7.5 yr: Comments: CHF215m (upsized from CHF185m) 7.50yr part of 2-tr public snr unsec. BNPP/CMZ/UBS. IPTs 7.5yr MS+115/+125. Guidance MS+115/+120 for 125m+. Revised MS+113/+115 for new min 185m. Launch MS+115 for 215m. Eidg+151. PP: Yes. XD: Yes. CoC: Yes. LEI: 549300DLI5QKF3Q1H556. Distribution: (2/3 leads) Switz 100%. AM 65%, Ins 17%, Bks/PB 13%, PF 5%;

Deal Comments

Public Bond

Guarantor(s)

Lonza Group Ltd

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 Swiss Finanz AG (LONN)

Deal Details

Commentary

Deal Flow