Schneider Electric SE (SUFP)

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Schneider Electric SE (SUFP)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	SUFP	Schneider Electric SE	€1,300		2	EMEA	Jan 4, 2024

Tranche #1Schneider Electric SE

currency

EUR

size (m)

600.000

maturity

Jan 10, 2031

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+80-85

ipt-pxd

guidance

MS+60 a

spread

coupon

3.00%

spread set

price

99.63300

yield

3.059%

book size (m)

1,150

peak book (m)

x-covered

1.92

book attrition

nic

7.5

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

1,150

peak book (m)

x-covered

1.92

book attrition

nic

7.5

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche #2Schneider Electric SE

currency

EUR

size (m)

700.000

maturity

Oct 10, 2035

type

Fixed

tenor

11.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

A-

fitch

size description

re-open/tap

ipt

MS+105-110

ipt-pxd

guidance

MS+80-85

spread

coupon

3.25%

spread set

price

98.80400

yield

3.376%

book size (m)

1,700

peak book (m)

x-covered

2.43

book attrition

nic

5.5

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

1,700

peak book (m)

x-covered

2.43

book attrition

nic

5.5

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 1150; Registration: Reg S Only; Comments: EUR600m 7yr part of 2-tr snr unsec bmk RegS. NR/A-. CA-CIB/DB(B&D)/HSBC/Natx/StCh. IPTs 7yr MS+80/+85. Guidance MS+60 area for combined exp 1.2bn – 1.5bn max. Launch 600m at MS+55. Final books 1.15bn+ (peak 1.8bn+). DBR 0% 08/15/30 (@ 87.81 Px) / HR 109%, B+107. FTT 4:10pm. Par Call: 3m. Cleanup Call: 75%. MWC: B+20bp. CoC: Yes. LEI: 969500A1YF1XUYYXS284; 11 yr: Book size: 1700; Registration: Reg S Only; Comments: EUR700m long 11yr part of 2-tr snr unsec bmk RegS. NR/A-. CA-CIB/DB(B&D)/HSBC/Natx/StCh. IPTs L11yr MS+105/+110. Guidance MS+80/+85 for combined exp 1.2bn – 1.5bn max. Launch 700m at MS+78. Final books 1.7bn+ (peak 2.4bn+). DBR 0% 05/15/35 (@ 78.00 Px) / HR 110%, B+116.3. FTT 4:10pm. Par Call: 3m. Cleanup Call: 75%. MWC: B+20bp. CoC: Yes. LEI: 969500A1YF1XUYYXS284;

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