01/20/2023 LimaCorporate SpA (LIMACO) EUR295m 144A/Reg S sr sec FRN due 02/0128 (5y). NC1 (MWC B+50bp), then 101, 100. Equity claw: 1y 40% at par + then applicable coupon. B3/B- (negative, stable expected post transaction/stable). Via CS/GS (B&D) jt glocos/IMI/Mizuho/UniCredit jt books. No reg rights. List Lux. NY law. Settles 02/03 (T+10). IPT: E+575-600bp coupon at 92-93 OID. Px talk: E+575bp coupon at 92-93 OID. Priced: 3mE+575bp at 93.00. Small group meetings started 01/17 (Investor call at 2:30pm UKT 01/17). Books closed at 11am UKT 01/20. UOP: along with EUR12.5m draw on a new EUR65m revolver, EUR7m cash on hand and EUR45.2m equity contribution, to repay and cancel existing EUR60m revolver (EUR54m drawn), redeem its EUR275 sr sec notes due 08/15/23 (callable at 100). Equity sponsor: EQT. Biz: manufacturer and provider of orthopedic implants and enabling technologies for extremities, knee and hip joint replacements. HQ: Udine, Italy.