| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
HYC | COMM | PRCD | ILDFP | Iliad SA | €500 | 1 | EMEA | Apr 22, 2024 |
04/22/2024 Iliad SA (ILDFP) EUR500m (WNG) Reg S bearer sr notes due 05/02/31 (7y). NCL (MWC B+45bp) (3mo par call) (75% clean-up call). Expect Ba2/BB/BB. Via CIC/Commerz/Natixis/RBI/Santander/SocGen (B&D) jt books/BayernLB/La Banque Postale/Mizuho/RBC/Sabadell passive books, Erste, MUFG as co-managers. List Lux. French law. Annual pay (act/act). Settles 05/02 (T+7). Reg S ISIN: FR001400PRQ7. IPT: 5.875% area. Guidance: 5.625% area (+/-12.5bp). Final guidance: 5.375%-5.50% (WPIR). Priced: 5.375% at 100. ms+256bp. +296bp vs DBR 0% 02/15/31. Reconfirms were due by 1:30pm UKT 04/22. Final books around EUR1.6bn. UOP: finance the concurrent tender offer for up to EUR500m (tender cap) of its EUR444.6m 1.50% notes due 10/14/24 (ISIN: FR0013287273) and EUR650m 1.875% notes due 04/25/25 (ISIN: FR0013331196). Biz: a leading European telecom provider, offering fixed internet access in France and Poland, and mobile internet access in France, Italy and Poland. HQ: Paris, France.