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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
INDS
PRCD
-
Kahrs BondCo ABkr1,450
1EMEA
Oct 24, 2024
currency
SEK
size (m)
1,450.000
maturity
Nov 14, 2028
type
Floating
tenor
4.000
call
-
registration
-
benchmark
3mSt
ranking
Sr. Secured
moody's
-
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
3mSt+625-650
ipt-pxd
-
guidance
-
spread
625
coupon
3mSt+625
spread set
-
price
100.00000
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
4 yr: First Pay: 2025-01-14; Redemption: 2026-11-14; Comments: SEK1.45bn (2.5bn framework) 4NC2 FRN snr sec. DNB/Nordea(B&D)/Pareto. With SEK Dec 2026 SLB FRN tender offer. IPTs 3mS+625/650 WPIR, set 3mS+625 for 1.45bn. FTT immediately. Call Schedule: 2026-11-14@103.125, 2027-05-14@102.344, 2027-11-14@101.563, 2028-05-14@100.781, 2028-08-14@100.313. MWC: to first call. Equity Claw Back: In case of IPO of 35% @ the relevant call option amount (but for the non-call period, @ First Call Price). CoC: 101%;
Use of Proceeds
Redeem bonds and for general corporate purposes

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