Commentary & Deal Flow

+++Corrects joint books: adds Barc (removes CS); adds co-managers; adds call details; S&P rating confirmed; updates timing: pricing Wednesday+++

Aramark Intl Finance Sarl (ARMK) EUR400m 144A/Reg S sr notes due April 2033 (8y). NC3 (MWC B+50bp). Equity claw: 3y 40%. (Expect  B1)/BB- (stable/stable). Via GS (B&D)/JPM jt physical books/Barc/BofA/CapOne/PNC/WFS/Barc jt books, CIBC, Citizens, HSBC, Rabo, Scotia, SMBC, TD, TSI, USB as co-managers. No reg rights. List ISE. NY law. Settle 03/19 (T+10). Investor call at 3pm UKT / 10am NYT 03/03. Pricing 03/05. UOP: repay at maturity its EUR325m 3.125% sr notes due 04/01/25, and $72m for GCP. Biz: a global provider of food, facilities and uniform services. HQ: Philadelphia, PA.

NetRoadshow:  https://www.netroadshow.com/events/login?show=af4cd142&confId=78929. (access code: Aramark-2025).