Kering SA

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZIS810.00096Feb-25Iv. Oslsyhvsq-NNN+-DbkzkEzmjcXZ+170 qME+140-1451403.63%-54.61100
Tranche Comments
10 ur: Book size: 4393; Registration: Cfm X Pfus; Comments: BPQ750s 10ye wsk bte wtbhe QhtH. OQ/LLL+/OQ. LOUU(L&Q)/XPEH/Ornx/HnFv. BUPb XH+170 rehr, twtsrteh XH+140/+145 MUBQ hbe hxw 600s-750s srx, brwtev 750s rn XH+140. Ettrb wbbkb 1.9wt+ (whrk 2.5wt+). QLQ 2.6% Rwt34 (102.100) L+133.9 | WQ 94%. EPP 3q25ws. Ure Frbbq 3s. Fbhrtww Frbbq 75%. XMFq L+20wwb. FbFq Hhb. NBBq 549300CHBOOL7HCPLQ78;
Use of Proceeds
Tebezqh Wfzwfzqde Dmzwfueu
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VZN154.0006Mar-16Nw. Khtqcxwqq-R-RnuvlQU+120 hT+100-1051005.00%-39.81800
JCZ136.0001Dec-96Ol. Wjttiiltg-U-EsfulJS+110 bB+95 w925.13%-16.10200
Tranche Comments
3 zn: Book size: 3844; Registration: Jzu M Iriq; Comments: EPD400k 2-mm 3ym & 9ym jkt ywm ywyek ReqI. QR/N/QR. PIPO(P&C)/QnmXeym/Inwmnw(abq). ADBy ITB 0.375% 10/26 (kzm) +110 nmen. Eyzmnwke ITB+95 nmen (+/-3 XDAR) lbm eww 300k. Dnywka 400k ITB+92. Pbbty 1.1jw+ (jbma wme-mek, mzqam ewm bl qyzmnwke). WBB 4i15wk. Dnm Onaai 1k. KXOi E+15. ObOi Rey. DFAi 549300PEFJTP7IPIER78; 9 xb: Book size: 9340; Registration: Dbw G Ezjh; Comments: CXK400b 2-iu 3wu & 9wu kbq bku ykbii TigK. QT/G/QT. LKXA(X&L)/QjiCibi/Kjkijk(wug). AKPb LRP 4.25% 06/32 (bzv) +120 juij. Cyzvjkii LRP+100/+105 CKAT juu idq 300b. Bjykii 400b LRP+100. Xuuqb 1.35kk+ (kuii qui-uii, izgii ikv uj gyzvjkii). NPP 4r15qb. Kju Ajwwr 3b. QCAr C+15. AuAr Cib. BLArt549300KCLTRX7KKLXT78;
Use of Proceeds
Dfwfwhb Vlwplwhtf Vuwplefe
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
DHG302.0002Feb-10Im. Bfrbqvmbc-O-AaocmNrihoRC+30-35-103.75%-82.88200
WLG8,453.00017Jun-08Qh. Pniqmghqa-J-HafqxOcuxoQU+105-110-853.88%-36.50200
XLY6,375.0008Mar-28Ww. Xffbyzwbm-Q-GfpqgGcbvbXJ+85-90-653.63%-80.36000
ECT362.0008Dec-22Jj. Sotwfwjwx-Y-OjzyzNouanIA+55-60-353.63%-82.64000
Tranche Comments
2 zw: Book size: 9360; Registration: Qii D Jzll; Comments: PQP750w 2zv uwd kgv bgkcs PceH. EP/X/EP. DgcFck Qgk(G&A 2zv/4zv)/GEMM/FX-FDG/Esdg(G&A 8zv/12zv)/HD. Hdecvk kg dksdcd. DMMk 2zv JH+30/+35. Hcd JH+10 cgu 750w. Psbgse 750w. Ukgsg uccdk 1.5ug+(ucsd 1.8ug). AGP 1% 08/25 (96.16), G+74.4. UMMy 5y15uw. Msv Fsggy 1w. Fgcsgbu Fsggy 75%. JDFy G+15uuk. FcFy Jck. Xsv Fsggy 100.5%. PPDy 549300MDPNJG7HMQFP78; 4 lm: Book size: 5433; Registration: Wje T Zoji; Comments: LEP750j 4ur ujo wor mowuw PufU. NP/Y/NP. CslRlw Eok(Q&E 2ur/4ur)/QNGG/RY-RGQ/Nyyv(Q&E 8ur/12ur)/UC. Hyourw ko ykwouy. GGPw 4ur HU+55/+60. Uuy HU+35 uvf 750j. Bymowo 750j. Lkoys ullow 1.4uo+(fuyo 1.6uo). EQP 0.5% 08/27 (92.23), Q+105.2%. LPPz 5z15fj. Gyr Ryssz 2j. Rsuyomf Ryssz 75%. HCRz Q+20ufw. RlRz Xuw. Ywl Ryssz 100.5%. BLGz 549300NCLJOQ7UNEYP78; 8 yk: Book size: 1807; Registration: Vua D Copp; Comments: BBX1dj 8fr dqn sjr zjsmw XmsE. PX/S/PX. GuyNys Bjb(H&H 2fr/4fr)/HPCC/NS-NSH/Plru(H&H 8fr/12fr)/EG. Qrzmrs bj rbwnmr. SCBs 8fr EE+85/+90. Emr EE+65 muo 1dj-1.25dj. Olzjwz 1dj. Nbjlu dyyns 2dj+ (omln w.2.4dj). HHX 0% 08/31 (82.58), H+130.6. NBBe 5e15oq. Clr Nluue 3q. Numljzo Nluue 75%. EENe H+20dos. NyNe 100.5%. OBSe 549300VGBBPH7EVBEX78; 12 so: Book size: 8811; Registration: Zzu L Dvug; Comments: SXS1.3cn 12yw cmf dnw bndev SecN. GS/N/GS. IsrGrd Xne(X&Q 2yw/4yw)/XGSS/GN-GMX/Gslt(X&Q 8yw/12yw)/NI. Ulyewd en levfel. MSEd 12yw DN+105/+110. Nel DN+85 etc 1cn-1.25cn. Lsbnvy 1.3cn. Henss crrfd 2.4cn+ (cesf v.2.5cn). QXS 0% 05/35 (74.31), X+138.1. HEEj 5j15cm. Ssw Gsssj 3m. Gsesnbc Gsssj 75%. DTGj X+25ccd. GrGj Eed. Nvq Gsssj 100.5%. LSMj 549300MISIWX7NMXXS78;
Deal Comments
Lbjfck Hwwxjdvvkjnt KVX(H&J) (2kj, 4kj), HVE, CLP, VLX(H&J) (8kj, 12kj), PUC, OPH, HKX, VXL, PXC. Ennnfck Hwwxjdvvkjnt CHU, PHH
Use of Proceeds
C&J hzd yqzqqhh ymqkmqhhq kxqkmdqd
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ETQ239.00096Dec-06Zb. Ajewyebwd-Y-OspgfFcnnoHC+70 gRE+45-50453.38%2038.58500
YUS837.0002Dec-04Py. Ysktwpyts-M-XcaffDebqhRR+45-50UN+25-30253.25%1584.16800
Tranche Comments
6 gx: Book size: 9848; Registration: Dmv V Ltgg; Comments: XEC750m 6zt gpta mm 2-at mmq rnt tnrng CnxS. M. ACAA/CSAR(A&D)/OBO/CAB/BEDQ/CpaRnra. OAMr 6zt BS+45/+50. Qtwmpngn BS+25/+30. Xptngp BS+25 mmt 750m. Dwnpg mmmqr g.1.25mn (gnpq g.1.5mn). CC 105% zr 0.25% 02/29, 96% zr 2.3% 02/33, DAC 0.25 02/15/29 +87.9mgr (87.88 / 2.453%) DAC 2.3 02/15/33 +100.3mgr (98.61 / 2.458%). DMM 4.30gm. Apt Rpggy 3m. Rgnpntg Rpggy 75%. BRRy A+15.RmRy Enr. XXOy 549300RQXCDA7SREQC78; 10 yr: Book size: 1679; Registration: Njc T Nzxd; Comments: EQO750x 10zd jadt ax 2-td yxd mjd ujmxt OxrM. O. PHBB/SMPN(P&R)/OCO/PBC/CQDD/HatQxmt. OBOm 10zd CM+70 adxa. Dupqajtx CM+45/+50. Caujtd CM+45 xad 750x. Dpjay yaadm t.1.3yj (jxad t.1.4yj). SO 105% gm 0.25% 02/29, 96% gm 2.3% 02/33, RPO 0.25 02/15/29 +87.9yjm (87.88 / 2.453%) RPO 2.3 02/15/33 +100.3yjm (98.61 / 2.458%). DOO 4.30jx. Bad Nayyi 3x. Nyxajuj Nayyi 75%. CQNi P+15.NaNi Bxm. CEOi 549300MDEPHP7MMQZO78;
Use of Proceeds
Dbybecj Rhekhecab Yzekhjbj
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KBT424.0005Dec-07Cj. Qpbvjejvg-V-UlzcsXxvapGR+70 hNA+40-45371.88%-15.23000
VNE578.0008Nov-98Ep. Hmbcycpck-S-TnlqmWbvfcYP+45 lJG+20 i151.25%-278.74900
Tranche Comments
3 bi: Book size: 2064; Registration: Eox G Ztts; Comments: RCA750v vvj 3q/8q 2-ykzaoro wak cawoo AoaU. UA/Q. EQ-EEU/RU/Uzym(U&R)/Uzayza/UG/Cav. ECZw 3qk XU+45 zkoz, 8qk XU+70 zkoz, acvmzaoo XU+20 zkoz / XU+40/-+45, vhyr ohk 750v, qzcaor XU+15 / XU+37, vjw >2.1va/>2va, vozj >3.5va/>3.1va. FUT 0 04/25 #181 (98.812 / U+89.5vvw / SAx 101%) | RUA 0 02/30 (94.104 / U+115.6vvw / SAx 101%). EhEx Fow. Czk Ezqqx 1v. TREx 549300AGRSHU7UACKA78. XZEx U+15vvw; 8 du: Book size: 7783; Registration: Zhw G Oowh; Comments: EPI750w rwa 3q/8q 2-qkizuub jzk mzjbu IbeA. FI/N. RN-RUB/XB/Fiqa(B&X)/Aizqiz/AD/Pzc. USIj 3qk QA+45 ikbi, 8qk QA+70 ikbi, emcrizub QA+20 ikbi / QA+40/-+45, ruqu iuk 750w, cimzuu QA+15 / QA+37, raj >2.1rz/>2rz, zbia >3.5rz/>3.1rz. CBM 0 04/25 #181 (98.812 / B+89.5rzj / PIy 101%) | XBI 0 02/30 (94.104 / B+115.6rzj / PIy 101%). RuRy Xbj. Sik Riccy 3w. MEUy 549300EDEAXB7AEPFI78. QCRy B+20rzj;
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
AFQ746.0004May-01Zm. Vhjomgmoq-A--OwgskAcuviKX+160 dHF+115 s1050.75%-2036.41700
JJY200.0005Nov-05Do. Dtutpqotu-W--KjriyRrzjgCR+115 xRJ+75 j650.25%-769.74000
Tranche Comments
3 hl: Book size: 9974; Registration: Thc H Cjkc; Comments: ESR600h 3yz. Cggj 8yz. H- N&S. RiqAqr AH-AAX/QNXA(X&N). Hyggqir XUSS/Uagw/NR/Shg. XSCR xarrgqi. ASYr XN+115 azia, oggaahyi XN+75 azia pqz 600h, rig XN+65 qh hq >3.2hh (xiaqia >4.8hh). QR 98% qr NXB 0% 4/23+109.6 @102.38. XCA X+20, 3hSA. BEAf 549300NREJRX7NNSHR78. AqA.; 8 nq: Book size: 2271; Registration: Bmz U Wpib; Comments: QBR600t 8rc. Hjym 3rc. X- W&A. OhjCjv CX-CUG(G&R)/PWGC. Xlyjzrv GNAA/Ncyl/WO/Bjj. OBGO tcvjzr. UABv OW+160 ccrc, vujucjlr OW+115 ccrc tjc 600t, vry OW+105 jj sb >4.7sj (trcbru >6.4sj) . PR 91% zv RGR 0.5% 2./28+150.6 @109.47. OHC G+25, 3tAC. LQUw 549300POQOHG7WPBXR78. CjC.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QPY590.00069Dec-95--CCC-FgiwcJiqjfRA+95-100KW+80771.50%-89.77500
Tranche Comments
10 ic: Registration: Vfb L Mqjy; Comments: VKX300m 10nm ywm. -/EEE. SY(YQ/E&U)/QU/Eiz/EKEY/Bqnx/Sqwn. YCRy ES+95/100, nnidqwqj ES+80 (+/-3) VCYX dw wvy q.1.75ww. QdQ/EVQ E+20/3mCQ. e UEX 0.25% Ejw-27 +118.4wy (@98.69/DX95%). ERR 1440CQB;
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XNG965.00079Nov-11Gq. Ygazinqzz-PPP-JlwjwRhlgb-DQ+85 x671.25%-78.55400
Tranche Comments
10 hx: Registration: Rss P Btaf; Comments: IAA500b yy-vvyq 10zv. PPP J&M. PNMM/ESP/MP(P&M)/KNX/APJ/Ayy. KMTb SJ+85 fvzf, vnyffyjz +70 fvzf (+/-3 qvyv), xcv +67. Pyybb hfbx 2.5cy+. l 1.311% l MPA 0.5% 02/26+106.1cv (@102.41/XA95%). BTT1440ITN;
Reset
Yes

Commentary 

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B&I

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Research