Transdev Group (TRAGRP)

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Transdev Group (TRAGRP)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	TRAGRP	Transdev Group	€800		2	EMEA	May 14, 2025

Tranche #1Transdev Group

currency

EUR

size (m)

300.000

maturity

May 21, 2028

type

Fixed

tenor

3.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

size description

re-open/tap

ipt

MS+135 a

ipt-pxd

guidance

MS+100 a

spread

coupon

3.054%

spread set

price

100.00000

yield

3.054%

book size (m)

1,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,500

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche #2Transdev Group

currency

EUR

size (m)

500.000

maturity

May 21, 2032

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa2

s&p

fitch

size description

re-open/tap

ipt

MS+175 a

ipt-pxd

guidance

MS+145 a

spread

138

coupon

3.845%

spread set

price

100.00000

yield

3.845%

book size (m)

1,600

peak book (m)

x-covered

3.2

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,600

peak book (m)

x-covered

3.2

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

3 yr: Book size: 1500; Registration: Reg S Only; Comments: EUR300m 3yr cpn 3.054% at 100.00. Spread: MS+90bps. OBL 2.2 04/13/28 #187 @ 100.579 (DBR+106.1bps / HR:100%). MWC: B+20bps. Par Call: 1m. Clean-up Call: 75%. CoC: Yes. LEI: 969500LMWJBG5RHVJV88; 7 yr: Book size: 1600; Registration: Reg S Only; Comments: EUR500m 7yr cpn 3.845% at 100.00. Spread: MS+138bps. DBR 0 02/15/32 @ 85.073 (DBR+142.2bps / HR:108%). MWC: B+25bps. Par Call: 3m. Clean-up Call: 75%. CoC: Yes. LEI: 969500LMWJBG5RHVJV88;

Deal Comments

Active Bookrunners: ING(B&D), BNP, CAG, BAM, CRC, LBP, NAT, UNI, SOC. Passive Bookrunner: HSB

Use of Proceeds

Refinancing and general corporate purposes

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Transdev Group (TRAGRP)

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