Registration: 144A/Reg S; Comments: 01/22/2020 Techem Verwaltunsgesellschaft 675 mbH EUR1.145bn (up from EUR850m and EUR675m) 144A/Reg S sr sec notes due 15-July-2025 (5.5y). NC2 (15-Jan-2022) (MWC B+50bp), then at 101.00, 100.50, 100. Equty claw: 2y 40% at 102.00. B1/B+ (stable/negative). Via DB/BNP/CA/CS/Natixis/UniCredit joint books. No reg rights. List ISE. NY law. Settles Jan 29 (T+5). Reg S ISIN: XS2090816526. Px talk: 2.00%-2.25%. EUR470m upsize UOP: further repay term loan B. Launched: EUR1.145bn at 2.00%. Priced: 2.00% at 100. +251bp vs 2.00% DBR 15-Aug-2025. Did investor call at 11am UKT Jan 21. Books closed at 1:45pm UKT/2:45pm CET Jan 22 (originally closing 1pm UKT/2pm CET). UOP: repay a portion of its EUR2.29bn sr sec term loan. Equity sponsor: Partners Group. Biz: a leading global energy management and services provider (energy and water metering) to the real estate sector and private homeowners. HQ: Eschborn, Germany.;