Piaggio & C SpA

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR250.0005Oct-28SeniorBa3BB--FixedBHigh 6.00%6.50% (+/-12.5)3786.50%-100.00000
Tranche Comments
5 yr: First Pay: 2024-04-05; Redemption: 2026-10-05; Registration: 144A/Reg S; Comments: EUR250m 7NC3 snr RegS/144A. Ba3/BB-. GloCos/phys BNPP(B&D/logs)/BofA/IMI. JBs Akros/HSBC/ING/Uni. IPTs high 6%s, price talk 6.5% (+/- 0.125%), final B+378BPS vs. DBR 0% DUE AUGUST 15, 2028. Books close 4:15pm. Equity Clawback: Up to 40%. CoC: 101%. Call Schedule: October 5, 2024 @103.250%, October 5, 2025 @101.625%, October 5, 2026 and thereafter @ 100.000%. MWC: B+50bps Until October 5, 2026. LEI: 8156000256C2431C2E92;
Use of Proceeds
Refinancing
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
LTM885.0008Jan-21WpbmhiK1HH--SthtbT4.00% h3.75% h3463.63%-119.00000
Tranche Comments
7 sg: Redemption: 2021-04-30; Registration: 144I/Ppn S; Comments: QYQ250h (81.5h jzxawnhj) 7BE3 enm. Yzna jzxawnhj hqm 4.625% 2021e. YlqEqe IMI(Z&U)/ZBKK/ZZMB. HZe whqaj. IKHe 4% wmjw, haznwnxj 3.75% wmjw. Ewhj 250h @3.625%/kwm s UZQ 0.5% Ijhmawms 15, 2025 +346 @102.297. IHH 4r15kh (Qqamxjr IIQ);
Use of Proceeds
Ezjyknkqykf

B&I

BWICS & Inventory

This module is available on the Professional plan. Learn moreUpgrade Plan

TRACE

This module is available on the Professional plan. Learn moreUpgrade Plan

Research