Commentary & Deal Flow

Getlink SE (GETFP) EUR600m Reg S green sr sec notes due Oct 2030 (5.5y). NC2. NR/BB+/BB+ (--/stable/stable). Via GS/SocGen joint glocos and physical books. List Lux. English law. ISIN: XS2937174196.

IPT: mid 4s.

Roadshow (virtual small group meetings) 03/25-26 (investor call 10:30am UKT 03/25). Pricing 03/27. UOP: along with cash on hand, to redeem its EUR850m 3.50% green sr sec notes due 10/30/25 (callable at 100) and/or finance or refinance eligible green assets or projects. Biz: A leading operator of mobility and infrastructure assets; it is the parent company of Eurotunnel, the leader in cross-Channel transportation, the owner of Europorte, the leading private rail freight operator in France, and the owner of ElecLink, the electrical interconnector between the UK and France. HQ: Paris, France.