11/17/2021 B&M European Value Retail SA (BMELN) GBP250m Reg S sr sec notes due 11/15/28 (7y). NC3 (MWC G+50bp), then at 102, 101, 100. Equity claw: 3y 40% a 104. Ba2/BB- (stable/stable). Via BofA/HSBC (B&D) glocos and jt physical books/Barc/BNP/Lloyds jt books. List Lux. NY law. 100x1. Settles 11/24 (T+5). ISIN: XS2411541738. IPT: 4.25% area. Px talk: 4.00%-4.25%. Priced: 4.00% at 100. +323bp vs UKT 6% 12/07/28. SSA will purchase GBP56.25m of the notes in the offering from the initial purchasers. Virtual roadshow Mon-Tues (investor call at 12:30pm UKT Mon). Books closed at 12:30pm UKT today. UOP: GCP, they may also use the proceeds, along with cash on hand, to pay a special dividend, which would not exceed the amount of proceeds of the offering of the notes. No decision has yet been made to pay such a dividend. Biz: leading limited assortment discount retailer in the UK with a growing presence in France. HQ: Luxembourg/Liverpool, UK.