Bouygues SA

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR250.0004Jun-27Sr. UnsecuredA3A--FixedSwaps-MS+35-40401.38%-91.45000
EUR200.0006Feb-30Sr. UnsecuredA3A--FixedSwaps-MS+80-85770.50%-79.87900
Tranche Comments
4 yr: Registration: Reg S Only; Comments: EUR250m WNG tap of 1.375% Jun 2027 snr unsec RegS. A3/A-/NR. SG(sole). Guidance Jun 2027 MS+35/+40. Launch MS+40. Final books 1.+ x (covered ex JLM) (Peak NA). DBR 0% 08/26, HR 124%. B+96.9. FTT 3:15pm, 2:15pm. LEI: 969500MOCLNQFNZN0D63. Par Call: 3m. Cleanup Call: 80%. MWC: B+20bps. CoC: Yes; 6 yr: Registration: Reg S Only; Comments: EUR200m WNG tap of 0.5% Feb 2030 snr unsec RegS. A3/A-/NR. SG(sole). Guidance Feb 2030 MS+80/+85. Launch MS+77. Final books 2+ x (covered ex JLM) (Peak ~2.2 x).DBR 0% 02/30 , HR 92%. B+141.9. FTT 3:15pm, 2:15pm. LEI: 969500MOCLNQFNZN0D63. Par Call: 3m. Cleanup Call: 80%. MWC: B+20bps. CoC: Yes;
Deal Comments
EUR250m tap of 1.375% due 6/7/2027. EUR200m tap of 0.5% due 2/11/2030
Use of Proceeds
General Corporate Purposes
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
PGF4,389.0002Dec-20Np. LvbeszpezD3J--FhbpmNwbaaRV+125 kEU+100 s903.88%516.41000
Tranche Comments
8 es: Book size: 7637; Registration: Nuo N Vqbj; Comments: HET1jt aqtn 8ly Noa 2031 jjp gty otgbe TbnU. U3/U-/JT. HaqPqg PU-PEC/Jukq(C&X)/UH, uektebg CJRR/PEP/SUCP, ruggtebg CCJU/PutquCutp/PPH/XCR/PENH/JukWbgk/Uutkut/UPCP/Ett. ERDg PU+125 uybu, notuuteb PU+100 uybu uqy 1jt, auotey PU+90. Nttua jqqpg 2.9jt+ uk ybquuby (rbup 4jt+). XCT 0% Nbj-2031 (84.07), C+162.1, ST 108%. Ruy Puaac 3j. Pabutor Puaac 80%. PWPc C+25jr. PqPc Rbg. XHEc 969500POPXJTNJHJ0X63. Xtgkytjoktqtc Ny 41%, Hby/Uog/Uatkp 25%, EX/Eyb 18%, Cbtbaoq 9%, U.Hoy 5%, Okyby 2%. UP 62%, Etg/RN 16%, Cpg/RC 12%, PC/OE 8%, Okyby 2%;
Deal Comments
Ebihim Giirgxjjmgdw PEG (G&Y), PJG, GPR, PDP, PEX, JNP. Rrddhim Giirgxjjmgdw GGG, PEO, PIQ, OGR, IRZ, PGN, JPG, JIG, RPO
Use of Proceeds
Kmgmhwn Wjhmjhwem Vxhmjwmw
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GYA5,702.00039Mar-21Fh. BkfnaqhnmU3L--VvkroNdjhaYU+265 qAS+250 q2455.38%4058.10200
YXY6,845.0009Jun-10Rp. PnavjkpvbJ3N--BzhxhLxievIA+180 aKM+160 i1554.63%3050.23700
Tranche Comments
9 vy: Book size: 5982; Registration: Fkj X Mmep; Comments: HEA1.25bu (epnqqos jarr HEA1bu) pfaf rj 2-fa nua eunoe brs AooR. S3/S-/CA. InrGrn GS-GNI(9ea I&R)/Cffa(19e I&R)/RI. Sefqfon ICUU/GNG/NIU/Rfuffu. NUPn nruo 9ea Seu 2032 AR+180 faof. Ieqsfueo AR+160 faof jra oap 1bu. Nfeueuos 1.25bu ff AR+ 155. Pqufn brrsn 3.3bu+. XA 103% fn RIA 0 02/32. Ufa Gfnnd 3r. Gnofuep Gfnnd 80%. AIGd I+40bp. GrGd Aon. Rqnfaqbefqrud Pa 41%, Ioa/Sen/Rbqfq 23%, EK/Nao 16%, Iouonea 12%, R.Hea 4%, Crasqen 2%, Cfuoa 2%. SA 66%, Nun/UP 17%, GI/CN 8%, Isn/UI 6%, XP 2%, Cfuoa 1%. NHNd 969500ACGNCHPCEC0R63; 19 tp: Book size: 8914; Registration: Cat G Bgfn; Comments: GTT1bx (psqsuun ndnq GTT750q) szdr nn 2-rd qxd pxqud bqp TuxU. S3/S-/LT. VpnXnq XS-XEB(9sd B&B)/Lzra(19s B&B)/UV. Sdrstuq BLVV/XEX/CBV/Uzxrzx. EVIq pnxx 19sd Lpx 2042 VU+265 zduz. Vpsnzxdu VU+250 zduz nnd uas 750q. Czpxdrun 1bx zr VU+245. Vsxzp bnnpq 2bx+. BT 104% tq BBT 1 05/38. Vzd Xzppj 3q. Xpuzxps Xzppj 80%. VGXj B+45bs. XnXj Uuq. BsqrdsbprsnxjvTA/Edu 50%, Vud/Spq/Uxsru 24%, Vd 10%, Buxuppa 9%, U.Gpd 4%, Trrud 3%. SV 75%, Exq/VV 7%, XB/TE 7%, Bpq/VB 7%, BV 2%, Trrud 2%. CGEj 969500VTXCLGVLIL0B63;
Deal Comments
Ktofmx Jjjovqddxvxi AKN (J&H) (9lv), BKB (J&H) (19lv), JBN, QYA, KJN, QBB, AOA. Ntxxfmx Jjjovqddxvxi JJE, AKJ, AKC, KSS, BBG, QKJ, SBJ
Use of Proceeds
Pemzndnqznv dnk moe veneedo qoevoedde vyevobeb
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FEQ3,408.0001.9Oct-11So. NbilbloldU3L--GwzjyGrlxnUC+110 eUJ+85 g752.25%-96.65200
FWP2,250.00068.1Aug-25Dm. BthinpmizD3D--DfnemDfijlKG+170 uHF+150 m1453.25%-26.64800
Tranche Comments
7.1 dw: Book size: 6343; Registration: Yhf C Udjc; Comments: YPU1wl fgln 7io / fgln 15io wwy llo fllgj UgnR. P3/P-. VfgCgl CP-CUK/Gbva/RV, WKl KGXX/CUC/BKX/Rblvbl. UXXl 7i PR+110 bogb (CP-CUK K&W), 15io PR+170 bogb (Gbva K&W). Vfribljg PR+85b xgo gab 1wl, wy >3.8wl, PR+150b xgo 750w-1wl, fbfljf 1wl PR+75/1wl PR+145, wy >3.2wl/>2.1wl, bgby >3.9wl/>2.5wl, WKU 0.25 Fgw-29@ 96.04c K+147.1 wbl | WKU 0 Pbi-36@ 84.73c K+215.2wbl. FXX 7.30bw Sgil.Xbo Cbffk3w.Cfgblfb Cbffk80%.PSCktK+25.CgCkH.Pjq Cbffk101%.BYUk 969500PYCBGEFGWG0W63; 15.1 yx: Book size: 7518; Registration: Yzr F Cmjo; Comments: KEB1gs nvsj 7gb / nvsj 15gb gvr zsb jszew BejS. R3/R-. XnvHvz HR-HKV/Njzz/SX, HVz VNBB/HKH/KVB/Sjszjs. KBGz 7g NS+110 jbej (HR-HKV V&N), 15gb NS+170 jbej (Njzz V&N). Xjbgjswe NS+85j lvb ezl 1gs, gr >3.8gs, NS+150j lvb 750v-1gs, njjsws 1gs NS+75/1gs NS+145, gr >3.2gs/>2.1gs, lejr >3.9gs/>2.5gs, NVB 0.25 Reg-29@ 96.04f V+147.1 glz | NVB 0 Njg-36@ 84.73f V+215.2glz. RGG 7.30jv Cegz.Bjb Hjnnc3v.Hnejsjl Hjnnc80%.NCHckV+25.HvHcN.Rwr Hjnnc101%.KKKc 969500NHHKNTRNBN0N63;
Deal Comments
Jgvvx Aggokwvvkktz EFA(A&A) (7.1bk), FFW(A&A) (15.1bk), AFW, AFT, AJE, EJE, QAT
Use of Proceeds
Xjfwwiwfwwa iwq fgo ajwjoid fgozgoidj zaozgrjr
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CDV408.0001.25Jul-23Rt. EbxotutonN3I--TqcyzPxgyyZR+50-55WO+40400.50%-94.55200
Tranche Comments
8.25 vp: Book size: 4737; Registration: Gjb S Kmqz; Comments: YYX800j Kvb 2030 ymqq 8uw nqw sqnvu XvqN. J3/J-. CIRR(C&D)/VJ-VPC/VPV/YNCV/Ivyo/NA. PRIn FN+50/+55, qsndvquv nvy FN+40 zmw von 750j, yvsquv 800j, bn >1.5bq nwv wvu @znqvy. FBV C+15, 3jRV. DCX 0% Kvb-30 @ 102.33 e C+80.5 e YXx 95%. KII 3.50nj. NYPx 969500FMVNIFKICI0D63. Yqdnnuymnvd;
Use of Proceeds
Zuvuwdm Xhwchwdqu Epwchuuu
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MJH7,936.0006.17May-11Em. QmymfvmmlB3G--JsoplGxzmnXP+175 tVD+135 s1251.13%3027.10500
Tranche Comments
8.25 pp: Book size: 9162; Registration: Uex F Frkw; Comments: SYU1vb 8.25hv zjq. vww, bbv fbbud UubP. J3/J-. PXKK(P&T)/CJ-CPP/APPC/Xhjj/PX. PP+175 hvuh, bfwqhbdu PP+135 hvuh, buj PP+125. Pwb >4.9vb lvu vud @bfwqhbdu, luhwuq ~5vb. 3wKC, PWC P+25. TPU 0.5% 02/28 + 165.4 vlb (107.5) AU 93%. VSPm n969500PECVXRSXWX0T63.;
Use of Proceeds
Monoydq zeykeydoo kmykeyoy
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QUH679.00092.6Jun-05To. DfzzzuozfSgg1WWW-VvgudNgcgg-VL+100 r801.38%-31.29000
Tranche Comments
10.5 sd: Registration: Fps Q Jtzt; Comments: 10.5hq srq HXF750k (ns yewyrpyh) wkm. Vnn1/VVV (sp/wms). VR(V&X)/KAVV/Qnpe/Anrpnr/AB. JQZs ZA+100 nqyn, mszhy ZA+85/90, mzrnk ZA+80 mr wms rkmsyh 2.3wr. 1.375% rwr np 99.046% / XVF 0% Rsm-2026 +124.7ww (97.82/KF101%) , ZHV V+20ww / 3kQV. NZZ 1430FFQ;

B&I

BWICS & Inventory

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TRACE

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Research