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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
INDS
PRCD
CMACG
CMA CGM SA€400
1EMEA
Jun 27, 2024
currency
EUR
size (m)
400.000
maturity
Jul 15, 2029
type
Fixed
tenor
5.000
call
2.00
registration
144A/Reg S
benchmark
-
ranking
Sr. Unsecured
moody's
Ba1
s&p
BB+
fitch
-
size description
-
re-open/tap
No
ipt
5.75%-6.00%
ipt-pxd
-
guidance
5.625% area (+/- 12.5bp)
spread
307
coupon
5.500%
spread set
-
price
100.00000
yield
5.500%
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
Registration: 144A/Reg S;
Deal Comments
CMA CGM (CMACG) EUR400m 144A/Reg S sr notes due 07/15/29 (5y). NC2 (MWC B+50bp), then at 102.750, 101.375, 100. Euty claw: 2y 40% at 105.50. Ba1/BB+ (stable/stable). Via BNP (B&D)/CA jt gloco and active books/HSBC/SocGen jt books, CIC, Caixa, ING, JPM jt lead managers. No reg rights. List Lux. NY law. Settles 07/04 (T+5). Reg S ISIN: XS2852137038. IPT 5.75%-6.00%. Px talk: 5.625% area (+/- 12.5bp). Priced: 5.50% at 100. +307bp vs OBL 2.10% 04/12/29. Virtual fixed income investor meetings 06/25-27 (investor call 9am UKT 06/25). Books closed at 1:30pm UKT 06/27. UOP: GCP. Biz: a leading provider of global container shipping and logistics services HQ: Marseille, France.

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