Issuers
Rating Agencies
Underwriters
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 300.000 | 5 | May-28 | Sr. Secured | Ba2 | BB- | BB | Fixed | YLD | - | - | - | 8.75% | - | 101.00000 |
Tranche Comments
5 yr: Redemption: 2025-05-15; Registration: 144A/Reg S; Comments: EUR300m (upsized from EUR200m) tap of 500m 5NC2 PIK toggle snr sec SLB 144A/RegS for life. Ba2/BB-/BB. DB(B&D)/BNPP/BofA/Citi. LEI: 529900JL0HDVGZMUJF32. New Total: EUR800m. Call Schedule: 2025-05-15 @104.375, 2026-05-15 @102.1875, 2027-05-15 @100.0. MWC: Until May 15, 2025 at B+50;
Deal Comments
Sustainability-Linked PIK Toggle Notes. EUR300m tap of 8.75% due 5/15/2028
Use of Proceeds
Repay debt
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