Registration: 144A/Reg S; Comments: 01/28/2020 Wepa Hygieneprodukte GmbH EUR50m 144A/Reg S add-on to is 2.875% sr sec notes due 15-Dec-2027 (8y). NC3 (15-Dec-2022) (MWC B+50bp), then at 101.438, 100.719, 100. B1/BB- (stable/stable). Via HSBC (B&D)/DB jt glocos/JPM joint books. No reg rights. Settle Feb 10 (T+9). List ISE. German law. Existing Reg S ISIN: DE000A254QA9. Immediately 144A fungible (Reg S after 40 days) with the EUR350m issue priced 28-Nov-2019. Px talk: 101.25 area (+/- 0.125). Priced: 2.875% at 101.375, yield 2.698%. +223bp vs DBR 5.625% 04-Jan-2028. Did investor call at 11am UKT Jan 28. Books closed at 2:30pm UKT Jan 28. UOP: Cash on balance sheet to reduce utilisation of ABS facility. Biz: Leading European producer and supplier of hygiene paper products. HQ: Arnsberg, Germany.;