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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
TECH
PRCD
IPDEBV
IPD 3 BV€700
2EMEA
Nov 19, 2020
currency
EUR
size (m)
200.000
maturity
Dec 1, 2025
type
Floating
tenor
5.000
call
1.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B3
s&p
B-
fitch
-
size description
-
re-open/tap
No
ipt
low 6s yield (margin + OID)
ipt-pxd
-
guidance
Final px talk: E+550-562.5bp at 98.50, vs E+575bp area at 98.50, 0% floor
spread
550
coupon
-
spread set
-
price
98.50000
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
BAM, BNP, DEU, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
BAM, BNP, DEU, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
500.000
maturity
Dec 1, 2025
type
Fixed
tenor
5.000
call
2.00
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B3
s&p
B-
fitch
-
size description
-
re-open/tap
No
ipt
Low 6s
ipt-pxd
-
guidance
Final px talk: 5.50%-5.625%, vs 5.75%-6.00%
spread
625
coupon
5.500%
spread set
-
price
100.00000
yield
5.500%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
BAM, BNP, DEU, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
BAM, BNP, DEU, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Registration: 144A/Reg S; Comments: 11/19/2020 IPD 3 BV (Infopro Digital SAS) (IPDEBV) EUR700m (up from EUR685m) 144A/Reg S sr sec notes fixed/floating 2-part. B3/B-/B+ (stable/stable/negative). Via JPM/BNPP jt glocos/BofA/DB/Soc Gen jt books. No reg rights. List Lux.Settles 11/25 (T+4). - EUR500m (up from EUR485m) fixed rate notes due 12/01/25 (5y). NC2 (MWC B+50bp), then at 102.75, 101.375, 100. Equity claw: 2y 40% at 105.50. Semi pay June 01, Dec 01, starting 06/01/21. Reg S ISIN: XS2262838381. IPT: low 6s. Px talk: 5.75%-6.00%. Final px talk: 5.50%-5.625%. Final terms: 5.50%. Priced: 5.50% at 100. +625bp vs OBL 0% 10/10/25. - EUR200m FRN due 12/01/25 (5y). NC1 (MWC B+50bp), then at 101, 100. Qrtly pay, March 01, June 01, Sept 01, Dec 01, starting 03/01/21. Reg S ISIN: XS2262839603. IPT: low 6s yield (margin + OID). Px talk: E+575bp area at 98.50, 0% floor. Final px talk: E+550-562.5bp at 98.50. Final terms: E+550bp at 98.50. Priced: E+550bp at 98.50. Did investor call at 11am UKT 11/16. 1x1 meetings through 11/18. Books closed at 10am UKT 11/19. Reconfirms were due by noon UKT 11/19. UOP: refinance existing debt. Biz: Leading European B2B media and business information services provider. HQ: Antony, France.; Registration: 144A/Reg S; Comments: 11/19/2020 IPD 3 BV (Infopro Digital SAS) (IPDEBV) EUR700m (up from EUR685m) 144A/Reg S sr sec notes fixed/floating 2-part. B3/B-/B+ (stable/stable/negative). Via JPM/BNPP jt glocos/BofA/DB/Soc Gen jt books. No reg rights. List Lux.Settles 11/25 (T+4). - EUR500m (up from EUR485m) fixed rate notes due 12/01/25 (5y). NC2 (MWC B+50bp), then at 102.75, 101.375, 100. Equity claw: 2y 40% at 105.50. Semi pay June 01, Dec 01, starting 06/01/21. Reg S ISIN: XS2262838381. IPT: low 6s. Px talk: 5.75%-6.00%. Final px talk: 5.50%-5.625%. Final terms: 5.50%. Priced: 5.50% at 100. +625bp vs OBL 0% 10/10/25. - EUR200m FRN due 12/01/25 (5y). NC1 (MWC B+50bp), then at 101, 100. Qrtly pay, March 01, June 01, Sept 01, Dec 01, starting 03/01/21. Reg S ISIN: XS2262839603. IPT: low 6s yield (margin + OID). Px talk: E+575bp area at 98.50, 0% floor. Final px talk: E+550-562.5bp at 98.50. Final terms: E+550bp at 98.50. Priced: E+550bp at 98.50. Did investor call at 11am UKT 11/16. 1x1 meetings through 11/18. Books closed at 10am UKT 11/19. Reconfirms were due by noon UKT 11/19. UOP: refinance existing debt. Biz: Leading European B2B media and business information services provider. HQ: Antony, France.;

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