Engie SA (ENGI) 2022-1

EUR650.0007Sep-29Sr. UnsecuredBaa1BBB+A-FixedSwapsMS+135 aMS+105-1101003.50%299.02100
Tranche Comments
7 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR650m 7yr bmk snr unsec green RegS. Baa1/BBB+/A-. GloCo BNPP(B&D)/CA-CIB/SG, Active BBVA/ING/Miz/Santan/Uni, Passive KBC/MS/MUFG/NatWest/StCh. IPTs MS+135 area, guidance MS+105/+110 for 500m-750m (max), set MS+100 for exp 500m, final 650m. Final books C.2bn. DBR 0% 08/2029 (88.330) HR: 101% vs +184.5bps. FTT 5pm. Par Call: 3m. Cleanup Call: 75%. MWC: B+30bps. Distribution: Fr 25%, Ger/Aus 20%, Benelux 15%, S.Eur 11%, UK/Ire 10%, Japan 9%, Nordics 3%, Switz 2%, Other 5%. AM 77%, Ins/PF 17%, Bks/PB 5%, HF 1%. LEI: LAXUQCHT4FH58LRZDY46;
Deal Comments
Green Bond.Active bookrunners: BNP(B&D), CAG, SOC, BBV, ING, MIZ, SAN, UNI. Passive Bookrunners: KBC, MOS, MUF, NTW, STC.
Use of Proceeds
Refinancing of Eligible Green Projects