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.;