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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
FNCL
PRCD
DOBIM
doValue SpA€300
1EMEA
Jul 14, 2021
currency
EUR
size (m)
300.000
maturity
Jul 31, 2026
type
Fixed
tenor
5.000
call
2.00
registration
144A/Reg S
benchmark
-
ranking
Sr. Secured
moody's
NR
s&p
BB
fitch
BB
size description
-
re-open/tap
No
ipt
3.50%-3.75%
ipt-pxd
-
guidance
3.50% area
spread
401
coupon
3.375%
spread set
-
price
100.00000
yield
3.375%
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: 2023-07-31; Registration: 144A/Reg S;
Deal Comments
07/14/2021 doValue SpA (DOBIM) EUR300m 144A/Reg S sr sec notes due 07/31/26 (5y). NC2 (MWC B+50bp), then at 101.6875, 100.84375, 100. Equity claw: 2y 40% at 103.375. Special call: 10% per year, the first 2 years at 103. NR/BB/BB (stable/stable). Via GS (B&D)/DB jt glocos/CA/UniCredit jt books. No reg rights. List Lux. NY law. Settles 07/22 (T+6). Reg S ISIN: XS2367103780. IPT: 3.50%-3.75%. Px talk: 3.50% area. Priced: 3.375% at 100. +401bp vs DBR 0.0% 08/15/26. Roadshow 07/12-14 (investor call at 11am UKT 07/12). Books closed at 2:30pm UKT 07/14. UOP: repay EUR291m term loan, GCP. Biz: leading independent credit and real estate servicer in Southern Europe (Italy, Spain, Greece). HQ: Verona, Italy.

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