Log In
No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
MTRL
PRCD
BERY
Berry Global Inc€1,075
2USOA
Dec 12, 2019
currency
EUR
size (m)
700.000
maturity
Jan 15, 2025
type
Fixed
tenor
5.000
call
0.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
Ba2
s&p
BBB-
fitch
-
size description
-
re-open/tap
No
ipt
IPT 1.00%-1.25%
ipt-pxd
-
guidance
-
spread
158
coupon
1.000%
spread set
-
price
100.00000
yield
1.000%
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
-
currency
EUR
size (m)
375.000
maturity
Jan 15, 2027
type
Fixed
tenor
7.000
call
0.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
Ba2
s&p
BBB-
fitch
-
size description
-
re-open/tap
No
ipt
IPT 1.50-1.75%
ipt-pxd
-
guidance
-
spread
199
coupon
1.500%
spread set
-
price
100.00000
yield
1.500%
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
Registration: 144A/Reg S; Comments: 12/12/19 Berry Global Inc (BERY) EUR1.075bn (up from EUR900m and EUR725m) 144A/Reg S 1st priority sr sec notes 2-part. Ba2/BBB- (stable/negative). Via Citi (B&D)/GS/WFS/Barc/CS/DB/JPM/BofA/MS joint books. NY law. List: Official List of the ISE. 100x1. Settles Jan 2 (T+13), to align with closing of the term loan funding date (as part of the TLU & TLV repricing). -EUR700m (up from EUR500m minimum) due Jan 15, 2025 (5y). NCL (MWC B+50bp) (3mo par call). Reg S ISIN: XS2093880735. (Originally NC2). IPT 1.00-1.25%. Launched: EUR700m at 1%. Priced: 1% at 100. +158bp vs Bund 0.50% Feb 2025. - EUR375m (up from EUR300m minimum) due Jan 15, 2027 (7y). NCL (MWC B+50bpp) (3mo par call). Reg S ISIN: XS2093881030. (Originally NC3). IPT 1.50%-1.75%. Launched: $375m at 1.50%. Priced: 1.50% at 100. +199bp vs Bund 0.25% due Feb 2027. Roadshow Dec 09-11 (Mon 1x1 calls available in the afternoon, Tues London City lunch, Weds London West End breakfast). Books closed at 10am UKT Dec 12. UOP: along with cash on hand, to prepay certain term loans (additional UOP: further prepay its existing term loans). Biz: manufactures plastic packaging and other plastic products. HQ: Evansville, IN.; Registration: 144A/Reg S; Comments: 12/12/19 Berry Global Inc (BERY) EUR1.075bn (up from EUR900m and EUR725m) 144A/Reg S 1st priority sr sec notes 2-part. Ba2/BBB- (stable/negative). Via Citi (B&D)/GS/WFS/Barc/CS/DB/JPM/BofA/MS joint books. NY law. List: Official List of the ISE. 100x1. Settles Jan 2 (T+13), to align with closing of the term loan funding date (as part of the TLU & TLV repricing). -EUR700m (up from EUR500m minimum) due Jan 15, 2025 (5y). NCL (MWC B+50bp) (3mo par call). Reg S ISIN: XS2093880735. (Originally NC2). IPT 1.00-1.25%. Launched: EUR700m at 1%. Priced: 1% at 100. +158bp vs Bund 0.50% Feb 2025. - EUR375m (up from EUR300m minimum) due Jan 15, 2027 (7y). NCL (MWC B+50bpp) (3mo par call). Reg S ISIN: XS2093881030. (Originally NC3). IPT 1.50%-1.75%. Launched: $375m at 1.50%. Priced: 1.50% at 100. +199bp vs Bund 0.25% due Feb 2027. Roadshow Dec 09-11 (Mon 1x1 calls available in the afternoon, Tues London City lunch, Weds London West End breakfast). Books closed at 10am UKT Dec 12. UOP: along with cash on hand, to prepay certain term loans (additional UOP: further prepay its existing term loans). Biz: manufactures plastic packaging and other plastic products. HQ: Evansville, IN.;

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow