| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 8 | Sep-29 | Sr. Unsecured | Baa3 | BBB- | BBB- | Fixed | Swaps | MS+95 a | MS+65 a | 60 | 0.50% | -15 | 99.85100 |
| EUR | 500.000 | 12 | Sep-33 | Sr. Unsecured | Baa3 | BBB- | BBB- | Fixed | Swaps | MS+120 a | MS+90 a | 85 | 1.00% | -15 | 99.86500 |
Tranche Comments
8 yr: Book size: 3300; Registration: Reg S Only; Comments: EUR500m WNG 8y snr unsec green (SRI) RegS. With 12y. Baa3/BBB-/BBB-. Strucs ING/Rabo, JBs BNPP/Citi. IPTs MS+95 area, guidance MS+65 area (+/-5), launch MS+60, bk >3.3bn pre rec @guidance, peak >3.5bn. MWC B+15, 3mPC. DBR 0% Aug-29s (B+98.1bp / 103.730 / HR: 94%). With 2024 tender. FTT 4.55pm. LEI: 635400B3DOXSWFOWJT40;
12 yr: Book size: 2900; Registration: Reg S Only; Comments: UR500m WNG 12y snr unsec green (SRI) RegS. With 8y. Baa3/BBB-/BBB-. Strucs ING/Rabo, JBs BNPP/Citi(B&D). IPTs MS+120 area, guidance MS+90 area (+/-5), launch MS+85, bk >2.9bn pre rec, MWC B+20, 3mPC. With 2024 tender. DBR 0% Aug-31s (B+132bp / 103.105 / HR 109%). FTT 4.55pm. LEI: 635400B3DOXSWFOWJT40;
Guarantor(s)
Smurfit Kappa Group plc, Smurfit Kappa Holdings Ltd, Smurfit Kappa Investments Ltd, Smurfit Kappa Acquisitions Unlimited Co, Smurfit Kappa Treasury Funding DAC and Smurfit International BV