Kering SA (KER) 2022-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR750.0003May-25Sr. Unsecured-A-FixedSwapsMS+45 aMS+20 a151.25%-299.84800
EUR750.0008May-30Sr. Unsecured-A-FixedSwapsMS+70 aMS+40-45371.88%-99.53000
Tranche Comments
3 yr: Book size: 2100; Registration: Reg S Only; Comments: EUR750m bmk 3y/8y 2-tranche snr unsec RegS. NR/A. CA-CIB/DB/Natx(B&D)/Santan/SG/Uni. IPTs 3yr MS+45 area, 8yr MS+70 area, guidance MS+20 area / MS+40/-+45, both for 750m, launch MS+15 / MS+37, bks >2.1bn/>2bn, peak >3.5bn/>3.1bn. OBL 0 04/25 #181 (98.812 / B+89.5bps / HR: 101%) | DBR 0 02/30 (94.104 / B+115.6bps / HR: 101%). CoC: Yes. Par Call: 1m. LEI: 549300VGEJKB7SVUZR78. MWC: B+15bps; 8 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR750m bmk 3y/8y 2-tranche snr unsec RegS. NR/A. CA-CIB/DB/Natx(B&D)/Santan/SG/Uni. IPTs 3yr MS+45 area, 8yr MS+70 area, guidance MS+20 area / MS+40/-+45, both for 750m, launch MS+15 / MS+37, bks >2.1bn/>2bn, peak >3.5bn/>3.1bn. OBL 0 04/25 #181 (98.812 / B+89.5bps / HR: 101%) | DBR 0 02/30 (94.104 / B+115.6bps / HR: 101%). CoC: Yes. Par Call: 3m. LEI: 549300VGEJKB7SVUZR78. MWC: B+20bps;