Lonza Finance International NV (LONN)

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Lonza Finance International NV (LONN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	HLTH	PRCD	LONN	Lonza Finance International NV	€1,200		2	EMEA	Aug 28, 2024

Tranche #1Lonza Finance International NV

currency

EUR

size (m)

600.000

maturity

Sep 4, 2030

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+115 a

ipt-pxd

guidance

MS+95 a

spread

coupon

3.25%

spread set

price

99.44800

yield

3.353%

book size (m)

1,250

peak book (m)

x-covered

2.08

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,250

peak book (m)

x-covered

2.08

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Lonza Finance International NV

currency

EUR

size (m)

600.000

maturity

Sep 4, 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+145 a

ipt-pxd

guidance

MS+125 a

spread

120

coupon

3.50%

spread set

price

98.36100

yield

3.699%

book size (m)

1,550

peak book (m)

x-covered

2.58

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,550

peak book (m)

x-covered

2.58

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 1250; Registration: Reg S Only; Comments: EUR600m bmk 2-tr snr unsec RegS. NR/BBB+. BofA(B&D)/Citi/HSBC/JPM/UBS. IPTs 6yr MS+115 area. Guidance MS+95 area (+/- 5, WPIR). Launch 600m at MS+90. Final books 1.25bn. (peak c.1.4bn). B+125.6 vs DBR 0% Aug 2030 (@ 88.365 / HR:103%). FTT 4:20pm. MWC: B+20bps. CoC: 100%. Cleanup Call: 80%. Par Call: 3m. Tax Call: Yes. LEI: 549300AS6XQBD4ETT379; 10 yr: Book size: 1550; Registration: Reg S Only; Comments: EUR600m bmk 2-tr snr unsec RegS. NR/BBB+. BofA(B&D)/Citi/HSBC/JPM/UBS. IPTs 10yr MS+145 area. Guidance MS+125 area (+/- 5, WPIR). Launch 600m at MS+120. Final books 1.55bn. (peak c.1.75bn). B+144.2 vs DBR 2.6% Aug 2034 (@ 103.020 / HR: 91%). FTT 4:20pm. MWC: B+25bps. CoC: 100%. Cleanup Call: 80%. Par Call: 3m. Tax Call: Yes. LEI: 549300AS6XQBD4ETT379;

Guarantor(s)

Lonza Group

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