Commentary & Deal Flow

IPTs: 5yr: MS+165a

• Issuer: SIG Combibloc PurchaseCo S.à r.l. (Ticker: SIGCBL; Country: LUX)
• Issuer LEI: 549300Q95MWZB4BXB866
• Guarantor: SIG Group AG (Ticker: SIGN SW; Country: CH)
• Guarantor LEI: 5493004Z6P7TSVB1L042
• Guarantor Ratings: Baa3/BBB- (Moody's/S&P)
• Expected Issue Ratings: Baa3/BBB- (Moody's/S&P)
• Format: Reg S Bearer
• Ranking: Senior, unsecured
• Settle: 07-Apr-26
• Maturity Date: 07-Apr-31
• Size: €500m (WNG)
• Par Call: 1m
• Coupon: Fixed, Annual, Act/Act ICMA, following business day convention unadjusted
• ISIN: XS3314905046
• Joint Bookrunners: BNP Paribas (B&D), BofA Securities, DZ BANK AG, HSBC, Rabobank
• Docs: Preliminary stand-alone prospectus dated 26-Mar-26 / €100k+1k / Swiss Law / Tax Call, Make-Whole Call, Change of Control, Clean-up Call (80%)
• Listing: SIX Swiss Exchange
• Use of Proceeds: General corporate purposes and the refinancing of existing indebtedness
• Selling Restrictions: Reg S Cat 2, EEA, UK, Singapore, Canada – please refer to the Prospectus for a detailed overview. TEFRA D.
• Timing: Books open, today’s business