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NEW ISSUE: Clariane SE €500m Long 5NC2 Sr Unsec

HYC European Market: Deal Flow - General

Issuer

Term

Call

Maturity

Size

Ranking

Type

ISIN

Clariane SE

Long 5NC2

2

Mar-32

€500m

Sr Unsec

Fixed

XS3491326727


  • Issuer: Clariane SE
  • Business: Europe's leading care service provider with activities in non-acute care, healthy aging and dependency prevention
  • UOP: Together with cash on balance sheet, to refinance €350m term loan and €150m real estate term loan, and pay fees and expenses
  • Corporate Ratings (M/S): B2 (Stable) / B+ (Stable)
  • Expected Issue Ratings (M/S): B2 / B+
  • Currency: EUR
  • Offering Size: €500,000,000
  • Instrument: Senior Unsecured Notes
  • Tenor: Long 5 Years (Mar-32)
  • Call Protection: NC2 (50%, 25%, Par)
  • Change of Control: Put @ 101
  • Distribution: Reg S
  • ISIN: XS3491326727
  • Day Count: 30/360
  • Denominations: €100k x €1k
  • Listing: Euronext Dublin
  • Governing Law: New York Law
  • Joint Global Coordinators and Physical Bookrunners: BNP Paribas (B&D), CACIB, SG
  • Joint Global Coordinators and Joint Bookrunners: CIC, Natixis
  • Joint Bookrunners: GS, JPM, KBC, LBP, MS, UCI
  • Advertisement: This communication is an advertisement and does not constitute a prospectus for the purposes of Regulation (EU) 2017/1129 or the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook. The Offering Memorandum, when published, will be available on the website of the Euronext website https://live.euronext.com
  • Target Market: No EU PRIIPs key information document (KID) and no UK disclosure document required by DISC have been prepared as the notes are not available to retail in EEA or UK
  • Timing:
    • GIC 07-Sep @ 11:00 UKT / 12:00 CET
    • 1-on-1's 07-Sep - 08-Sep
  • Roadshow: