Pirelli & C SpA (PIRC)

No results found for "".

Pirelli & C SpA (PIRC)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	PIRC	Pirelli & C SpA	€600		1	EMEA	Jun 25, 2024

Tranche #1Pirelli & C SpA

currency

EUR

size (m)

600.000

maturity

Jul 2, 2029

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+145-150

ipt-pxd

guidance

spread

115

coupon

3.875%

spread set

price

99.66600

yield

3.950%

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

5 yr: Registration: Reg S Only; Comments: EUR600m 5yr(7/2/2029) cpn 3.875% at 99.666, yld 3.950%. Spread: MS+115bps. DBR 0.25 2/29 +158.4bp (@ 90.81 Px) / HR 109%. CoC: Yes. Par Call: 3m. MWC: B+25bps. Clean-up Call: 80%. LEI: 815600A0C9AFC1F2A709;

Deal Comments

Sustainability-Linked Notes

Guarantor(s)

Pirelli Tyre SpA

Use of Proceeds

Refinancing and general corporate purposes

Hide Details

Explore all other Commentary & Deal Flow

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Pirelli & C SpA (PIRC)

Deal Details

Commentary

Deal Flow