Commentary & Deal Flow

Nomad Foods BondCo Plc (NOMD, IGBOND) EUR50m 144A/Reg S add-on to its 2.50% sr sec notes due 06/24/28 (7y). NC3 (MWC B+50bp), then at 101.25, 100.625, 100. Equity claw: 3y 40% at 102.50. Existing B1/BB-/BB+ (positive/stable/stable). Via Citi (B&D)/DB jt physical books/BNP/CA/GS/MS/Rabo jt books. No reg rights. List Lux. NY Law. Reg S ISIN: XS2355604880. The original EUR50m issue priced 06/16/21. Price talk: 100.50-100.75.

Final terms: EUR50m at 100.75.

Books closed at 12:30pm UKT today. Pricing today UK afternoon. UOP: GCP. Biz: Europe's leading frozen foods company (Birds Eye, Findus, iglo, Aunt Bessies and Goodfella's). HQ: Feltham, UK. (Acquisition announced 03/29/21).