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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COND
PRCD
GOLGOO
Golden Goose SpA€480
1EMEA
May 7, 2021
currency
EUR
size (m)
480.000
maturity
May 14, 2027
type
Floating
tenor
6.000
call
1.50
registration
144A/Reg S
benchmark
-
ranking
-
moody's
B2
s&p
B-
fitch
B+
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
E+500bp area (0% floor) at 98.00 OID
spread
487.5
coupon
-
spread set
-
price
98.00000
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
Redemption: 2022-11-14; Registration: 144A/Reg S;
Deal Comments
05/07/2021 Golden Goose SpA (GOLGOO) EUR480m (EUR470m net proceeds) 144A/Reg S sr sec FRN due 05/14/27 (6y). NC18mos (11/14/22) (MWC B+50bp), then at 100. B2/B-/B+ (stable/stable/stable). Via GS (B&D)/CS jt physical books/Barc/BofA/IMI jt books. No reg rights. List Lux and Vienna. NY law. Settles 05/14 (T+5). Reg S ISIN: XS2342638033. Final px talk: E+500bp area (0% floor) at 98.00 OID. Priced: 3mE+487.5bp (0% floor) at 98.00. Did investor call at 10am UKT 05/04, roadshow 05/04-07. Books closed at 11:30am UKT 05/07. UOP: along with cash on hand to repay the EUR470m bridge facility incurred to fund the acquisition of Sneakers Maker SpA on 06/16/20 by Permira. Biz: a global luxury fashion brand specialized in the sourcing, design and distribution of a "total look" product offering, primarily consisting of footwear and, in particular, sneakers, but also including ready-to-wear apparel as well as bags and other accessories. HQ: Milan, Italy.

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