06/18/2021 CECONOMY AG (CECGR) EUR500m (WNG) Reg S bearer sr unsec notes due 06/24/26 (5y). NCL (MWC B+40bp) (3mo par call) (80% clean-up call). Ba1/NR (stable/--) (BBB- stable issuer rating by Scope). Via BNP/JPM jt glocos/Commerz (B&D)/UniCredit jt books. Annual pay (Act/Act). List Lux. German Law. Settles 06/24 (T+4). ISIN: ZX2356316872. IPT: 2.125%-2.50% annual yield. Guidance: 2.00% area (+/-0.125%) annual yield. Size set at EUR500m.Launched: $500m at 1.875% annual yield. Priced: 1.75% at 99.409, 1.875% annual yield. ms+214bp. +246.8bp vs OGL 0% 04/26. Books in excess of EUR1.3bn at guidance (pre-rec). Did investor calls 06 /14-15. Books went subject at 12:10pm UKT today. UOP: GCP:, including refinancing existing debt. Biz: Europe's largest consumer electronic retailer. HQ: Dusseldorf, Germany.