by Stephen Carter
Dec 02, 2024 10:46 AM ET
Flos B&B Italia SpA (fka Intl Design Group) (INTDGP) EUR470m 144A/Reg S sr sec FRN due 2029 (5y). NC1 (par). B2/(expect B/B) (stable/stable/stable). Via BofA/JPM (B&D) jt physical books/GS/UniCredit/UBS jt glocos/DNB/HSBC/Natixis jt books. No reg rights. List Lux. NY law.
IPT: E+400-425bp at par.
Roadshow (small group meetings) 12/02-03 (investor call at 10am UKT 12/02). UOP: along with cash on hand, to redeem existing EUR470m FRNs due 05/15/26 (callable at 100). Biz: Leading global design company in the high-end furniture and lighting markets. HQ: Milan, Italy.
Investor call link: https://www.netroadshow.com/events/login?show=f3ffcbfa&confId=74874; Net Roadshow (Link): https://www.netroadshow.com/nrs/home/#!/?show=b5cd369d; Deal entry code: FlosBB2024 (not case-sensitive).