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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
INDS
PRCD
MYTIL
Mytilineos SA (fka Metlen Energy & Metals SA)€500
1EMEA
Apr 22, 2021
currency
EUR
size (m)
500.000
maturity
Oct 30, 2026
type
Fixed
tenor
5.500
call
0.00
registration
Reg S Only
benchmark
-
ranking
-
moody's
NR
s&p
BB-
fitch
BB
size description
-
re-open/tap
No
ipt
mid2%s
ipt-pxd
-
guidance
2.25-2.50%
spread
285
coupon
2.250%
spread set
-
price
100.00000
yield
2.250%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
APH, CSG, EFG, GSC, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
APH, CSG, EFG, GSC, ...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Registration: Reg S Only;
Deal Comments
04/22/2021 Mytilineos SA (MYTIL) EUR500m Reg S green sr notes due 10/30/26 (5.5y). NCL (MWC B+50bp) (6mo par call). NR/BB-/BB (--/stable/stable). Via BNP/Citi (B&D)/HSBC jt glocos and jt physical books/Alpha/CS/Eurobank/GS/JPM/MS/Natl Bank of Greece, Nomura, Piraeus jt books. HSBC green structuring advisor. List Lux. NY law. Settles 04/28 (T+4). ISIN: XS2337604479. IPT: mid 2%s. Px talk: 2.25%-2.50%. Priced: 2.25% at 100. +285bp vs DBR 0.0% 08/15/26. Roadshow started 04/19. Did investor call at 11am UKT 04/21. Books closed at 12pm UKT 04/22. UOP: to repay EUR300m 2005 bank loans, GCP, including green projects (EUR192m), fees and expenses. An amount equivalent to the net proceeds from the Notes will be used to finance or refinance, in whole or in part, Eligible Green Projects (including other related and supporting expenditures) in accordance with the Company’s Green Bond Framework. Biz: a leading global industrial and energy company. HQ: Athens, Greece.

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