Kering SA (KER) 2016-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR500.00010May-26Sr. Unsecured-BBB-FixedSwaps-MS+85 a671.25%-99.43200
Tranche Comments
10 yr: Registration: Reg S Only; Comments: EUR500m no-grow 10yr. BBB S&P. BNPP/CMZ/DB(B&D)/ING/RBS/Uni. IPTs MS+85 area, guidance +70 area (+/-3 wpir), tbp +67. Books last 2.5bn+. = 1.311% = DBR 0.5% 02/26+106.1bp (@102.41/HR95%). FTT1440LON;