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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
FNCL
PRCD
ASSEMB
Assemblin Financing AB€100
1EMEA
Jan 28, 2021
currency
EUR
size (m)
100.000
maturity
May 15, 2025
type
Floating
tenor
4.250
call
-
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B2
s&p
B
fitch
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
99.75-100.00
spread
500
coupon
-
spread set
-
price
100.00000
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Registration: 144A/Reg S;
Deal Comments
01/28/2021 Assemblin Financing AB (publ) (ASSEMB) EUR100m 144A/Reg S add-on to its sr sec FRN due 05/15/25 (4.25y). Callable at 101, then 100 on 12/01/21. B2/B (stable/stable). Via DB/Nordea joint books. No reg rights. Floats/pays quarterly 3mE+500bp (0% floor). List Channel Island. NY law. Settles 02/11 (T+10). Temporary Reg S ISIN: XS2295692441. The original EUR20m issue priced 11/29/19. Px talk: 99.75-100.00. Priced: 3moE+500bp (0% floor) at 100. Did investor call at 10am UKT 01/28. Books closed at 2pm UKT 01/28. UOP: along with EUR20m equity investment from its sponsor Triton, to fund the acquisition of Fidelix, and GCP. Biz: provider of complete installation services (electricity, sanitation and ventilation) in the Nordic region. HQ: Stockholm, Sweden.

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