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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
FNCL
PRCD
UNIIM
Unipol Gruppo SpA€750
1EMEA
Sep 16, 2020
currency
EUR
size (m)
750.000
maturity
Sep 23, 2030
type
Fixed
tenor
10.000
call
0.00
registration
Reg S Only
benchmark
-
ranking
-
moody's
Ba2
s&p
NR
fitch
BB+
size description
-
re-open/tap
No
ipt
ms+390bp area
ipt-pxd
-
guidance
ms+360bp area
spread
376.5
coupon
3.250%
spread set
-
price
99.75600
yield
3.279%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
BNP, IMI, JPM, MBC, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
BNP, IMI, JPM, MBC, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Registration: Reg S Only; Comments: 09/16/2020 Unipol Gruppo SpA (UNIIM) EUR750m Reg S sr notes Green Bond due Sept 23, 2030 (10y). NCL (3mo par call, clean-up call (80%)). Expect Ba2/NR/BB+. Via BNPP(B&D)/IMI/JPM/Mediobanca/UniCredit joint leads. Annual pay (act/act). List Lux. English law. Bearer notes. Off the EMTM programme. Settles 09/23 (T+5). IPT: ms+390bp area. Guidance: ms+360bp area. Final terms: EUR750m at ms+350bp. Priced: 3.25% at 99.756, yield 3.279%. ms+350bp. +376.5bp vs DBR 0% 08/30. Final books EUR2.9bn+ (Books at price talk over EUR3bn pre-rec; at IPT over EUR2.75bn). Books went subject at 1pm CET today. UOP: finance or refinance, in whole or in part, Green Eligible Projects according to the issuer’s Green Bond Framework. Unipol is also tendering for its EUR317.352n 4.375% notes due March 2021 at 101.93. Biz: one of the biggest insurance groups in Europe offering both life and non-life insurance products. HQ: Bologna, Italy.;

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