NEW ISSUE: Vier Gas Transport €500m WNG 4.5yr Sr Unsec; MS+105/110
IGC European Market: Deal Flow - General
Issuer
Term
Maturity
Size
Ranking
Type
IPT
ISIN
Vier Gas Transport GmbH
4.5yr
21-Oct-30
€500m WNG
Sr Unsec
Fixed
MS+105/110
XS3343287838
IPTs: 4.5yr: MS+105/110bp
Issuer:Vier Gas Transport GmbH (Ticker: VGASDE, Country: DE)
Issuer Rating: BBB+ stable (S&P)
Expected Issue Rating: BBB+ (S&P)
Issuer LEI: 529900AGED6PJE9AVL37
Format: Senior unsecured, RegS, Bearer Note, Global Note in NGN form, TEFRA D rules apply
Pricing Date: 14-Apr-26
Settlement Date: 21-Apr-26 (T+5)
Maturity: 21-Oct-30 (4.5 years)
Size: €500m WNG
IPTs: MS+105 - 110bps
ISIN: XS3343287838
Coupon: Short first, fixed rate, annual, ACT/ACT (ICMA)
UoP: General Corporate Purposes including refinancing of existing debt
Docs: €7bn DIP dated 09-Apr-26/ Luxembourg listing, regulated market / German Law / EUR 100k+100k / MWC / 3-month Issuer par call / Tax Call / Clean-up Call (75%)
Selling Restrictions: US (RegS, TEFRA D), the European Economic Area, United Kingdom (including prohibitions of sales to EEA and UK retail investors) and Japan. See the Base Prospectus for further information.
Target Market: Manufacturer target market (MiFID II/UK product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs key information document (KID) or FCA Product Disclosure Sourcebook (DISC) disclosure document has been prepared as not available to retail in the EEA or the UK.
Global Coordinators: BNP Paribas, ING, UniCredit
Active Bookrunners: BNP Paribas, Commerzbank, DZ BANK, ING, RBC Capital Markets, UniCredit
B&D: ING
Timing: Books open, today's business
Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Base Prospectus and any supplements are available and the Final Terms, when published, will be available at: https://www.luxse.com/programme/Programme-VierGasTranspor/14502