05/12/2021 International Design Group SpA (INTDGP) EUR470m 144A/Reg S sr sec FRN due 05/15/26 (5y). NC1 (MWC B+50bp) (then at par). B2/B/B (negative/stable/stable). Via JPM/GS/UniCredit jt glocos and books. No reg rights. SMR for EUR150m at par if the acquisition has not been completed by 11/20/21. List Lux. NY law. Floats/pays quarterly vs 3mE (0% floor). Settles 05/19 (T+5). Reg S ISIN: XS2344474320. IPT: 3mE+450bp area at 99.50. Px talk: 3mE+425-450bp at 99.50. Final px talk: 3mE+425bp (0% floor) at 99.75-100. Final terms: EUR470m 3mE+425bp (0% floor) at 100. Priced: 3mE+425bp (0% floor) at 100. Did investor call at 11am UKT 05/10. Virtual meetings 05/10-11. Books closed at 2:30pm UKT 05/12. UOP: fund the acquisition of YDesign, (EUR144.7m) and refinance its EUR320m FRN due 11/15/25. Equity sponsors: The Carlyle Group and Investindustrial. Biz: global designer and producer in the high-end furniture and lighting markets. HQ: Milan, Italy.