Registration: 144A/Reg S; Comments: 02/05/2020 Ziggo Bond Co BV (VodafoneZiggo) EUR1.36bn equivalent (EUR/USD) 144A/Reg S sr notes 2-part. Expect B3/B-/B-. List Euronext Dublin. NY Law. No reg rights. Settles Feb 11 (T+4).
- EUR900m due 28-Feb-2030 (10y). NC5 (MWC B+50bp), then at 101.688, 100.844, 100.422, 100. Equity claw: 5y 40% a 103.375. Via HSBC/Barc/Citi/DB/Mediobanca/SocGen joint books. Reg S ISIN: XS2116386132. Px talk: 3.50% area. Final terms: EUR900m at 3.375% final yield. Priced: 3.375% at 100. +373bp vs DBR 0% 15-Feb-2030.
- USD500m due 28-Feb-2030 (10y). NC5 (MWC T+50bp), then at 102.563, 101.281, 00.641, 100. Equity claw: 5y 40% at 105.125. Via DB/Barc/Citi/HSBC/Mediobanca/SocGen joint books. 144A CUSIP: 98953GAD7. IPT mid-to-high 5s. Px talk: 5.375% area. Revised price talk: 5.125%. Priced: 5.125% at 100. +348bp vs 1.75% 15-Nov-2029.
Did investor calls 02/05: Europe 10:30am UKT, US 10:30am NYT. EUR books closed at 5:45pm UKT 02/05. US books closed at 2pm NYT 02/05. Re-commitments due by 2:30pm today. (EUR allocations this evening, FTT 02/05 UK morning). UOP: redeem its EUR950m 4.625% sr notes due 01/15/25 (callable at 102.313) and USD400m 5.875% sr notes due 01/15/25 (callable at 102.938). Biz: provides video, broadband fixed-line telephony and mobile services to residential and business customers in the Netherlands. HQ: Utrecht, Netherlands.;
Registration: 144A/Reg S; Comments: 02/05/2020 Ziggo Bond Co BV (VodafoneZiggo) EUR1.36bn equivalent (EUR/USD) 144A/Reg S sr notes 2-part. Expect B3/B-/B-. List Euronext Dublin. NY Law. No reg rights. Settles Feb 11 (T+4).
- EUR900m due 28-Feb-2030 (10y). NC5 (MWC B+50bp), then at 101.688, 100.844, 100.422, 100. Equity claw: 5y 40% a 103.375. Via HSBC/Barc/Citi/DB/Mediobanca/SocGen joint books. Reg S ISIN: XS2116386132. Px talk: 3.50% area. Final terms: EUR900m at 3.375% final yield. Priced: 3.375% at 100. +373bp vs DBR 0% 15-Feb-2030.
- USD500m due 28-Feb-2030 (10y). NC5 (MWC T+50bp), then at 102.563, 101.281, 00.641, 100. Equity claw: 5y 40% at 105.125. Via DB/Barc/Citi/HSBC/Mediobanca/SocGen joint books. 144A CUSIP: 98953GAD7. IPT mid-to-high 5s. Px talk: 5.375% area. Revised price talk: 5.125%. Priced: 5.125% at 100. +348bp vs 1.75% 15-Nov-2029.
Did investor calls 02/05: Europe 10:30am UKT, US 10:30am NYT. EUR books closed at 5:45pm UKT 02/05. US books closed at 2pm NYT 02/05. Re-commitments due by 2:30pm today. (EUR allocations this evening, FTT 02/05 UK morning). UOP: redeem its EUR950m 4.625% sr notes due 01/15/25 (callable at 102.313) and USD400m 5.875% sr notes due 01/15/25 (callable at 102.938). Biz: provides video, broadband fixed-line telephony and mobile services to residential and business customers in the Netherlands. HQ: Utrecht, Netherlands.;