Commentary & Deal Flow

Mytilineos SA (MYTIL) EUR500m Reg S green sr notes due 2026 (5.5y). NCL (MWC B+50bp) (6mo par call). NR/BB-/BB (stable/stable). Via BNP/Citi (B&D)/HSBC jt glocos and jt physical books/Alpha/CS/Eurobank/GS/JPM/MS/NBG/Nomura/Piraeus jt books. HSBC green structuring advisor. List Lux. NY law. Settles 04/29 (T+5).

IPT: mid 2%s.

Roadshow started Mon (04/19). Investor call at 11am UKT today. Pricing tomorrow. UOP: to repay EUR200m 2005 bank loan, GCP, including green projects (EUR192m), fees and expenses. An amount equivalent to the net proceeds from the Notes will be used to finance or refinance, in whole or in part, Eligible Green Projects (including other related and supporting expenditures) in accordance with the Company’s Green Bond Framework. Biz: a leading global industrial and energy company. HQ: Athens, Greece.