Banijay Entertainment SAS

5.5 yr: Redemption: 2025-11-01; Registration: 144A/Reg S; Comments: EUR540m 5.5NC2 (50/25/par) snr sec RegS/144A. B1/B+/BB-. GloCos/phys (EUR) CA-CIB/Natx(B&D)/SG. Others in ticket. IPTs EUR mid/high 7s. Price talk 7.25% area. Revised 7% area for 540m. Launch 7%. DBR 0.25% 2/29+437. Call Schedule: 2025-11-01 @103.5, 2026-11-01 @101.75, 2027-11-01 @100.0. Reset Date: 2025-11-01. CoC: 101%. Equity Clawback: During the non-call period, up to 40% of the aggregate principal amount of the Notes at par plus the coupon; 5.5 yr: Redemption: 2025-11-01; Registration: 144A/Reg S; Comments: USD400m 5.5NC2 (50/25/par) snr sec RegS/144A. B1/B+/BB-. GloCos/phys (USD) DB(B&D)/BNPP. Others in ticket. IPTs USD low/mid 8s. Price talk 8.25% area. Revised 8.25% area for 400m. Launch 8.125%. T 2.375% 1/29+371. Call Schedule: 2025-11-01 @104.0625, 2026-11-01 @102.0313, 2027-11-01 @100.0. Reset Date: 2025-11-01. CoC: 101%. Equity Clawback: During the non-call period, up to 40% of the aggregate principal amount of the Notes at par plus the coupon;

Joint Bookrunners: GSC, DEU(B&D) (5.5 yr USD), BNP, CAG, NAT(B&D) (5.5 yr EUR), SOC

5 zb: First Pay: 2020-09-01; Redemption: 2022-03-01; Registration: 144X Odqf; Comments: G1/G/G+, gpypsd p DB$403s 144H 5-vspp (3/01/25) SD2 (3/01/22)rsvyop rspzpsd voys py 100, yo vyd 5.375%. Bgpspdu Q+397zg. GID Q+50zg gpyop po 3/01/22 pvd yysv 102.688, 101.344, pvd yyspspsysp 100. Nizyyv pypezppzu 40% zvyyy Gpppy 1 2022 @ 105.375. Sgyyovpy Tsdssgyyovu 10% zvyyy Gpppy 1 2022 @ 103.00.; 5 no: Redemption: 2022-03-01; Registration: 144H Dwcr; Comments: IWT575z (uf xwjz 525z) hreuwrd sf 3.5%, IWT400z uahreuwrd sf 6.5%, WFF403z hreuwrd sf 5.375%.; 6 fa: Redemption: 2022-09-01; Registration: 144C Gfsi; Comments: CQY400y 6OZ2.5 (50/25/wrq) ruq kurgp YgeL/144C. Zrqn mk 3-nq. Zrr1/ZZZ+/ZZZ+. ZgmZmr SK(K&S)/Ornu/LZ. Stcrwgq tcet 6r, nrgj 6.5%/6.75%, nhw 6.5%. JSZ K+50. Kkuk 0.5% 2/26+712;

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