LVMH Moet Hennessy Louis Vuitton SE (MCFP)

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LVMH Moet Hennessy Louis Vuitton SE (MCFP)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	COND	PRCD	MCFP	LVMH Moet Hennessy Louis Vuitton SE	€1,500		2	EMEA	Oct 31, 2024

Tranche #1LVMH Moet Hennessy Louis Vuitton SE

currency

EUR

size (m)

800.000

maturity

Nov 7, 2027

type

Fixed

tenor

3.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Aa3

s&p

AA-

fitch

size description

re-open/tap

ipt

MS+65 a

ipt-pxd

guidance

MS+45

spread

coupon

2.75%

spread set

price

99.82100

yield

2.813%

book size (m)

1,700

peak book (m)

x-covered

2.13

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,700

peak book (m)

x-covered

2.13

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2LVMH Moet Hennessy Louis Vuitton SE

currency

EUR

size (m)

700.000

maturity

Nov 7, 2032

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Aa3

s&p

AA-

fitch

size description

re-open/tap

ipt

MS+95 a

ipt-pxd

guidance

MS+75

spread

coupon

3.125%

spread set

price

99.73500

yield

3.163%

book size (m)

1,300

peak book (m)

x-covered

1.86

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,300

peak book (m)

x-covered

1.86

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

3 yr: Book size: 1700; Registration: Reg S Only; Comments: EUR800m 3yr part of 2-tr bmk snr unsec RegS. Aa3/AA-. GloCo/Actives BofA/CA-CIB/MS(B&D)/HSBC. Actives Citi/MUFG/Natx/RBC/Uni. IPTs 3yr MS+65 area. 3yr guidance MS+45 (+/-2) WPIR for exp 1.5bn (max) total. Launch 800m at MS+43. Final books 1.7bn+ (peak 1.8bn+) pre-rec at guidance. OBL 1.3% 10/27 #186 @ 97.526% (2.176%) HR 102%, B+63.7. FTT 5:10pm. MWC: B+10bps. Par Call: 1m. Cleanup Call: 80%. LEI: IOG4E947OATN0KJYSD45; 8 yr: Book size: 1300; Registration: Reg S Only; Comments: EUR700m 8yr part of 2-tr bmk snr unsec RegS. Aa3/AA-. GloCo/Actives BofA/CA-CIB/MS(B&D)/HSBC. Actives Citi/MUFG/Natx/RBC/Uni. IPTs 8yr MS+95 area. 8yr set MS+75, for exp 1.5bn (max) total. Launch 700m at MS+75. Final books 1.3bn+ both pre-rec at guidance. DBR 1.7 8/32 @ 95.895% (2.281%) HR 101%, B+88.2. FTT 5:10pm. MWC: B+15bps. Par Call: 3m. Cleanup Call: 80%. LEI: IOG4E947OATN0KJYSD45;

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LVMH Moet Hennessy Louis Vuitton SE (MCFP)

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