11/14/2023 B&M European Value Retail SA (BMELN) GBP250m Reg S sr sec notes due 11/15/30 (7y). NC3 (MWC G+50bp), then at 104.063, 102.031, 100. Equity claw: 3y 40% at 108.125. Ba1/BB+ (stable/stable). Via HSBC (B&D & logistics)/BNP jt physical books/BofA jt glocos/Lloyds/NatWest/Rabo/Bank of Ireland jt books. List Lux. NY law. Settles 11/23 (T+7). ISIN: XS2721513260. IPT: mid 8s. Px talk: 8.25% area (+/- 0.125%) WPIR. Priced: 8.125% at 100. +408bp vs UKT 4.75% 12/07/30. Virtual roadshow Mon-Tues (investor call at 12:30pm UKT Mon). Books closed at 2:30pm UKT today. UOP: to fund the tender offer for GBP250m of its GBP400m 3.625% sr sec notes due 07/15/25 GCP (98.00 purchase price, HSBC/BNP/BofA dealer managers) Biz: leading limited assortment discount retailer in the UK with a growing presence in France. HQ: Luxembourg/Liverpool, UK.