NEW ISSUE: Mercialys €300m WNG Long 6yr Sr Unsec; MS+220a
IGC European Market: Deal Flow - General
Issuer
Term
Maturity
Size
Ranking
Type
IPT
ISIN
Mercialys
Long 6yr
3-Jan-33
€300m WNG
Sr Unsec
Fixed
MS+220a
FR001401BRT9
IPTs: Long 6yr: MS+220a
Issuer:Mercialys (Ticker: MERYFP, Country: FR)
Issuer LEI: 969500081CGAXB7YS433
Issuer Rating: BBB Stable (S&P)
Exp. Notes Rating: BBB (S&P)
Format: Senior, Unsecured, Reg S (Cat2), Bearer dematerialized
Settlement: 3-Nov-26 (T+5)
Size: €300m WNG
Maturity: 3-Jan-33 (Long 6-year)
IPTs: MS+220a
Coupon: Fixed (Annual), Act/Act (ICMA), Short First Coupon
Docs: Standalone / French Law / Euronext Paris / Clean-up Call (75%) / 100k+100k / 3m-par-call / CoC (Put @100%) / MWC (vs. OAT)
Covenants: Restrictions on secured borrowings, Negative pledge
Use of Proceeds: General Corporate Purposes
Global Coordinators: BNP Paribas (B&D), Credit Agricole CIB, Natixis
Active Bookrunners: BNP Paribas, CIC CIB, Credit Agricole CIB, La Banque Postale, Natixis, Societe Generale
Target Market: The manufacturer target market (EU MIFID II and UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or in the UK