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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COMM
PRCD
ZIGGO
Ziggo Bond Co BV-
2EMEA
Feb 5, 2020
currency
EUR
size (m)
900.000
maturity
Feb 28, 2030
type
Fixed
tenor
10.000
call
0.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B3
s&p
B-
fitch
B-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
3.50% area
spread
373
coupon
3.375%
spread set
-
price
100.00000
yield
3.375%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
BRC, CTI, DEU, HSB, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
BRC, CTI, DEU, HSB, ...
passive leads
-
co-managers
-
coordinating managers
-
currency
USD
size (m)
500.000
maturity
Feb 28, 2030
type
Fixed
tenor
10.000
call
0.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B3
s&p
B-
fitch
B-
size description
-
re-open/tap
No
ipt
High 5s
ipt-pxd
-
guidance
5.125% revised px talk, from 5.375% area
spread
348
coupon
5.125%
spread set
-
price
100.00000
yield
5.125%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
BRC, CTI, DEU, HSB, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
BRC, CTI, DEU, HSB, ...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
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.;

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