No results found for "".

Commentary & Deal Flow

MANDATE: Alcon Inv Calls 24-25-Aug; Reg S €500m WNG 7yr Sr Unsec Offering May Follow

IGC European Market: Deal Flow - General

Alcon Finance Corporation, guaranteed by Alcon Inc., a global leader in eye care, (ticker: "ALCSW") rated Baa1/BBB+ (Moody's/S&P), has mandated BNP Paribas, Deutsche Bank, Goldman Sachs International, ING and SMBC as Joint Bookrunners to arrange a series of fixed income investor calls to be scheduled on 24-25-Aug. An electronic investor presentation will be made available. Goldman Sachs is coordinating logistics.

An expected €500m WNG, Reg S, fixed-rate senior unsecured 7yr € offering will follow, subject to market conditions.

DealRoadshow Information:
A DealRoadshow presentation with voice-over has been made available.

  • Expected Issue Ratings: Baa1/BBB+ (Moody's/S&P)
  • Documentation: Stand-alone documentation
  • Listing: Euro MTF segment of Luxembourg Stock Exchange
  • Use of Proceeds: The net proceeds will be used for general corporate purposes, including the refinancing, in whole or in part, of existing indebtedness.
  • Advertisement: The final stand-alone offering memorandum, when published, will be available at https://www.luxse.com/. Relevant stabilisation regulations including FCA/ICMA apply. Manufacturer target market (MiFID II / UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No KID under the EU PRIIPs Regulation or disclosure document required by the FCA Product Disclosure Sourcebook (DISC) has been prepared as the Notes are not available to retail investors in the EEA or in the UK.