by Stephen Carter
Mar 21, 2024 9:52 AM ET
Reno De Medici SpA (SAFFA) EUR590m 144A/Reg S sustainability-linked sr sec FRN due 2029 (5y). NC1, then at par. Expect B2/B/BB-. Via Barc (B&D)/BNP jt physical books/IMI/UBS/UniCredit jt books. No reg rights. List Lux. NY law. UOP: refinance the existing EUR445m sr FRN due 12/14/26 (callable at 100) and the term loan A. Investor call at 3pm UKT today, 1x1s tomorrow. Biz: leading European producer and distributor of recycled paper board mainly for the packaging industry. HQ: Milan, Italy.