Related Issuers
by Stephen Carter
Jul 16, 2024 7:11 AM ET
IPD 3 BV (Infopro Digital) (IPDEBV) EUR90m add-on to its 8.00% 144A/Reg S sr sec notes due 06/15/28 (4y). NC1 (06/15/25) (MWC B+50bp) then at 104.00, 102.00, 100. Equity claw: 1y 40% at par 108. Special call: 10% per year the first year at 103. Expect B2/B/B+ (stable/stable/stable). Via BNP sole physical books. No reg rights. List Lux. NY law. Semi pay. Reg S ISIN: XS2631198863. Immediately 144A fungible (Reg S after 40 days) with the EUR500m issuer priced 06/08/23.
Price talk: 104.00-104.50.
Did Investor call at 10:30am UKT 07/16. Books close at 2pm UKT 07/16. Pricing 0/16 UK afternoon. UOP: along with EUR4m cash on hand, to finance the acquisition of 1LoD and UKREiif for EUR92m. Equity sponsor: TowerBrook. Biz: a leading B2B information services provider. HQ: Antony, France; Schiphol, The Netherlands. Dealroadshow: https://dealroadshow.com/e/INF.... Access code: INFOJUL2024. Global investor call registration link: https://evercall.co/oacc/72482