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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COND
PRCD
VCPLN
Victoria PLC€170
1EMEA
Jan 22, 2020
currency
EUR
size (m)
170.000
maturity
Jul 15, 2024
type
Fixed
tenor
4.500
call
0.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B1
s&p
BB-
fitch
BB
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
Price talk 104.75-105.00.
spread
457
coupon
5.250%
spread set
-
price
105.00000
yield
4.011%
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: 01/22/2020 Victoria plc EUR170m 144A/Reg S add-on to tis 5.25% sr sec notes due July 15, 2024 (4.5y). NC1.5 (July 15, 2021) (MWC B+50bp), then at 102.625, 101.313, 100. B1/BB-/BB (stable/stable/stable). Via CS/HSBC/ING/NatWest joint glocos/BBVA joint books. No reg rights. Listing: LSE. NY law. Denoms: 100x1. Settles Feb 03 (T+8). ISINs: Reg S XS2110819963 (temporary) / XS2032590007 (after). Immediately 144A fungible (Reg S after 40 days) with the EUR330m issue priced 07/19/19. Px talk: 104.75-105.00. Priced: 5.25% at 105.00, 4.011% YTM. +457bp vs DBR 1% Aug-15-2024. Did investor call 01/22 at 10:30am UKT. Books closed at 4pm UKT 01/22. UOP: refinance its GBP143m term loan A. Biz: Leading international designer, manufacturer and distributor of flooring products (carpets, ceramic tiles, underlay, vinyl tiles, artificial grass, and flooring accessories). HQ: Kidderminster, UK.;

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