Eurogrid GmbH (EUROGR)

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Eurogrid GmbH (EUROGR)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	EUROGR	Eurogrid GmbH	€1,500		2	EMEA	Jan 22, 2024

Tranche #1Eurogrid GmbH

currency

EUR

size (m)

700.000

maturity

Feb 1, 2029

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+130 a

ipt-pxd

guidance

MS+100 a

spread

coupon

3.598%

spread set

price

100.00000

yield

3.598%

book size (m)

3,100

peak book (m)

x-covered

4.43

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

3,100

peak book (m)

x-covered

4.43

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Eurogrid GmbH

currency

EUR

size (m)

800.000

maturity

Feb 1, 2034

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB

fitch

size description

re-open/tap

ipt

MS+160-165

ipt-pxd

guidance

MS+130 a

spread

123

coupon

3.915%

spread set

price

100.00000

yield

3.915%

book size (m)

4,800

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

4,800

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: 3100; Registration: Reg S Only; Comments: EUR700m 2-tr 5yr green bmk snr unsec RegS. NR/BBB/NR. Miz/Rabo/Santan(B&D)/Uni. IPTs 5yr MS+130 area. Guidance MS+100 area for max 1.5bn total. Launch MS+93 for 700m. Final books 3.1bn+ (peak 3.5bn+). DBR 0 11/15/28 (HR 106%), B+140.2. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. MWC: B+25bps. LEI: 967600Q53854Z2NBCC81; 10 yr: Book size: 4800; Registration: Reg S Only; Comments: EUR800m 2-tr 10yr green bmk snr unsec RegS. NR/BBB/NR. Miz/Rabo/Santan(B&D)/Uni. IPTs 10yr MS+160/+165. Guidance MS+130 area for max 1.5bn total. Launch MS+123 for 800m. Final books 4.8bn+ (peak 5bn+). DBR 2.6 08/15/33 (HR 94%), B+164.5. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. MWC: B+25bps. LEI: 967600Q53854Z2NBCC81;

Deal Comments

Green Bonds

Guarantor(s)

50Hertz Transmission GmbH, 50Hertz Offshore GmbH

Use of Proceeds

To finance Eligible Projects

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Eurogrid GmbH (EUROGR)

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