Carlsberg Breweries A/S (CARL) 2023-1

EUR750.0003.5Nov-26Sr. UnsecuredBaa2-BBB+FixedSwapsMS+75 aMS+50 a423.50%2099.98200
Tranche Comments
3.5 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR750m bmk 3.5yr snr unsec RegS. Baa2/NR/BBB+. BNPP/MUFG/SEB/Uni(B&D). IPTs MS+75 area, guidance MS+50 area, launch 750m at MS+42. Final books ~2bn (peak ~2.6bn+). OBL 0% 10/09/26 #184, HR 105%, B+117.2. Par Call: 3m. Cleanup Call: 85%. MWC: Yes (20 bp). LEI: 5493008YL42784DMWN61;
Volvo AB
Use of Proceeds
Refinancing and for general corporate purposes