Kerry Group Financial Services (KYG)

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Kerry Group Financial Services (KYG)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	CONS	PRCD	KYG	Kerry Group Financial Services	€1,000		2	EMEA	Sep 2, 2024

Tranche #1Kerry Group Financial Services

currency

EUR

size (m)

500.000

maturity

Mar 5, 2033

type

Fixed

tenor

8.500

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+120-125 a

ipt-pxd

guidance

MS+95 a

spread

coupon

3.375%

spread set

price

99.77400

yield

3.408%

book size (m)

1,250

peak book (m)

x-covered

2.5

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

2.5

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Kerry Group Financial Services

currency

EUR

size (m)

500.000

maturity

Sep 5, 2036

type

Fixed

tenor

12.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

size description

re-open/tap

ipt

MS+150 a

ipt-pxd

guidance

MS+125 a

spread

117

coupon

3.75%

spread set

price

99.82900

yield

3.768%

book size (m)

1,750

peak book (m)

x-covered

3.5

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,750

peak book (m)

x-covered

3.5

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

8.5 yr: Book size: 1250; Registration: Reg S Only; Comments: EUR500m WNG 8.5yr part of 2-tr bmk snr unsec RegS. Baa1/BBB+. BofA/Danske/GS(B&D)/HSBC/JPM/Rabo. IPTs 8.5yr MS+120/+125 area 500m WNG, guidance MS+95 area. Launch MS+87. Final books 1.25bn+, at reoffer (peak 2.2bn+). HR 95% vs DBR 2.3% Feb-2033+115 @3100.31. NICs 0bp. Par Call: 3m. Cleanup Call: 80%. MWC: B+20bps. CoC: 100%. LEI: 635400SE9OHFJ8SLDG45; 12 yr: Book size: 1750; Registration: Reg S Only; Comments: EUR500m WNG 12yr part of 2-tr bmk snr unsec RegS. Baa1/BBB+. BofA/Danske/GS(B&D)/HSBC/JPM/Rabo. IPTs 12yr MS+150 area 500m WNG, guidance MS+125 area. Launch MS+117. Final books 1.75bn+ both at reoffer (peak 2bn+). HR 110% vs DBR 0% May-2036+133.3 @75.48. NICs 2bp. Par Call: 3m. Cleanup Call: 80%. MWC: B+20bps. CoC: 100%. LEI: 635400SE9OHFJ8SLDG45;

Guarantor(s)

Kerry Group PLC

Use of Proceeds

General Corporate Purposes

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