Upfield BV (fka Sigma Holdco BV)

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR500.0005Jul-29Sr. SecuredB1BB+FixedBLow 7s7.00% a (+/-12.5%)4486.88%-100.00000
Tranche Comments
5 yr: Redemption: 2026-07-02; Registration: 144A/Reg S; Comments: EUR500m (upsized from EUR400m) 5NC2 cpn 6.875% at 100. MWC: B+50bp, then at 103.4375, 101.71875, 100. Equity claw: 2y 40% at 106.875. Special IPO call: at any time in whole or part with IPO proceeds at 102. Special call: 10% per year the first 2 years at 103;
Use of Proceeds
Redeem notes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZNL342.0001Oct-19ImjihhC3F-N-OpbckL5.75-6.00%5.755385.75%-331.00000
HUK278.0009Jun-03OhhdyaS3M-G-WmysvWsk7.75-8.00%7.8754877.88%-133.00000
Tranche Comments
8 hw: Registration: 144G/Cih S; Comments: Zdvwxzb js NZX685t oist (NZX500t) 8RU3di (50%/25%/dgi) vri 144O/XzpJ. Ogbg 5.75%/6%, egtz 5.75% m C+538. Obvs ZJD500t C3/C-/C-. UUv UJ(C&D)/DC/AAX, + WCv CRQQ/UO-UJC/UJ/CJCU/JRU/Nbsdbv/Vwx/XCU/JU. Ndi/ZJ i/v Odi 18-25. (Jsdiezq JSX); 8 or: Registration: 144M/Iew X; Comments: Kvhvwvz xo KXW525m pwom (KXW500m) 8AU3jw hvw 144D/XvpX. Dlho AKX500m. N3/N-/N-. SUh UX(N&W)/WN/IIX, + GNh NASS/UD-UCN/SX/IXNU/CAS/Olojzh/Ivw/XNU/XS. Dpxvw Amw/KX w/h Dvw 18-25. Gslk 7.75%/8%, tkh qlohv 5vm (AI), qsmv 7.875% b G+487 (Xomwqva CKX);

B&I

BWICS & Inventory

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TRACE

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Research