Related Deals
Related Parents
Related Issuers
by Stephen Carter
Feb 24, 2026 1:05 PM ET
Azelis Finance NV (AZELIS) EUR400m 144A/Reg S sr notes due 03/10/31 (5y). NC2 (03/10/28), then at 102.063 03/10/28, 101.031 03/10/29, 100 03/10/30. NR/BB+/BB+ (--/stable/stable). Via BNP (B&D) sole gloco and books. No reg rights. List Lux. NY law. CoC at 101. Pays March 10 and Sept 10, starting 09/10/26 (Act/Act). Denoms: 100kx1k. Settles 03/10 (T+10). Reg S ISIN: BE6372081545. IPT: mid 4s. Price talk: 4.25% area (+/- 12.5bp).
Priced: 4.125% at 100. +187bp vs DBR 0.00% 02/15/31.
Roadshow (1-on1s) 02/23-24 (investor call at 10am UKT 02/23). Books closed at 1pm UKT 04/24. UOP: along with EUR9m cash on hand, to redeem its EUR400m 5.75% sr notes due 03/115/28 (callable at 101.438 on 03/15/26). Biz: a leading global innovation service provider for the specialty chemicals industry and food ingredients distributor. HQ: Antwerp, Belgium.
Evercall Investor call link: https://evercall.co/oacc/50230. DealRoadshow entry code: AZELIS25.