Commentary & Deal Flow

Price Talk: 5.5% area (+/- 12.5)

IPTs: Mid to High 5%

• Issuer: HelloFresh SE
• Ticker: HFGGR
• Size: EUR350m
• Format: Reg S, bearer form
• Security: Senior Notes due 2031 (5y)
• Issue Ratings: S&P: BB+ (stable)
• Maturity: 08-July-2031 (5y)
• Optional Redemption: NCL, with MWC and 3-month par call
• Special call: Tax Call, 75% Clean-Up Call
• Change of Control: CoC at 100
• Denominations: 100k+100k
• Reg S ISIN: XS3435244804
• Listing: EuroMTF, Luxembourg Stock Exchange
• Law: German Law
• Deutsche Bank (B&D), BNP Paribas, Rabobank, UniCredit (Joint Bookrunners)
• Settles: 08-July-2026 (T+5)
• UOP: To repay its EUR73m term loan B and for GCP.
• Biz: Provides online food services.
• HQ: Berlin, Germany
  Marketing:
• Investor Call: 29-June-2026 to 30-June-2026
• Books: Above EUR675m
• Books close: To go subject at 12:45 LDN / 13:45 CET

http://www.netroadshow.com/nrs/home/#!/?show=8e952e75
Entry code: HelloFresh26