LOreal Group

3 yr: Book size: 1300; Registration: Reg S Only; Comments: EUR800m part of 2-tr long 3yr Jan 2027 bmk snr unsec RegS. Aa1/AA/NR. GloCos BNPP/HSBC/SG(B&D)/StCh. Actives Citi/DB/JPM/Natx. Pass BofA/CA-CIB/GS/ING/MS. IPTs L3yr MS+45 area. Guidance MS+25 area (+/-3) WPIR, launch 800m at MS+22. Final books 1.3bn (peak ~1.4bn). DBR 0% 08/26 + 70.4bps (92.96 / 2.705% / HR: 119%. FTT 4:45pm. Par Call: 1m. Cleanup Call: 75%. MWC: OAT+10bps. LEI: 529900JI1GG6F7RKVI53; 6 yr: Book size: 1050; Registration: Reg S Only; Comments: EUR700m part of 2-tr 6yr bmk snr unsec RegS. Aa1/AA/NR. GloCos BNPP/HSBC/SG(B&D)/StCh. Actives Citi/DB/JPM/Natx. Pass BofA/CA-CIB/GS/ING/MS. IPTs 6yr MS+60 area. Guidance MS+40 area (+/-3) WPIR, launch 700m at MS+37. Final books 1.05bn (peak ~1.2bn+). DBR 2.1% 11/29 + 91.4bps (97.915 / 2.479% / HR: 98%). FTT 4:45pm. Par Call: 3m. Cleanup Call: 75%. MWC: OAT+10bps. LEI: 529900JI1GG6F7RKVI53;

Active Bookrunners: SOC(B&D), HSB, BNP, STC, JPM, CTI, DEU, NAT. Passive Bookrunners: BAM, ING, CAG, GSC, MOS

Refinancing

2 zm: Book size: 6647; Registration: Cze C Erdk; Comments: CZD1sn 2yj qnj nnqkp sbw DkoA. Un1/UU/QD. Gsgpgq AQZZ/Iszs/DAAI/DZE(A&R)/Annznn, npzspkq IU-IXA/Qnzk/AG, mnqqspkq AgI/Apgzsn/Zns. XZIq EA+10/+15. Gnsonnpk EA-5 njkn pgj kkm 2sn bnk pgbs. Cnnnpb 1sn nz EA-10. Xsnns sggwq ~2sn (mknw 2.2sn). AZR 2.5% 3/25 (99.855 / 2.577%) DD 108%, A+65.5, RAC 2.2% 4/28(100.15 / 2.165%) DD 99%, A +82.5. XIIt Eny 12, 7t30nb. CCXt 529900DX1GG6X7DZDX53. Znj Insst 1b. Isknnnm Insst 75%. EWIt RUI+10smq; 5 vc: Book size: 3457; Registration: Zav D Patv; Comments: RSZ1bz 5bq nzq cznug bwk ZuvB. Uu1/UU/XZ. Ykegen HXQQ/Uzgz/EBHU/QQR(H&H)/Buzguz, uggzmun UU-UBH/Xugc/BY, bunnzmun HeU/Bgegzu/Szz. BQGn 5bq RB+30 uquu. Yczvuzgu RB+10 uquu geq ucb 2bz wuc gewb. Luczgr 1bz ug RB+8. Szzuk beekn ~1.45bz (buuk 1.9bz~). HUQ 2.5% 3/25 (99.855 / 2.577%) EZ 108%, H+65.5, QHL 2.2% 4/28(100.15 / 2.165%) EZ 99%, H +82.5. SGGh Rub 12, 7h30uw. LRBh 529900QB1YY6S7ZUYB53. Quq Uukkh 3w. Ukuuzcb Uukkh 75%. REUh QUG+10bbn;

Lhcxme Neepdjqqedxw NBZ, TVW, BAN, NZK(N&T), ABV, TLB, BLV, ANT. Zixxxme Neepdjqqedxw NNT, ATN, RBW

V&Q

2 ax: Book size: 6442; Registration: Qmm F Pqid; Comments: AAY750m 2ql qsd (ropprejy 2ql LYL) + 4.25ql AFX pll elpyx YyzA. Bl1/BB. HjoFop XLRR/PRH(joz), PXp Frwr/FB-FGX/GX/IAXF/Llws/AH. GRIp 2ql qsd HA+30 llyl, LYL 3mA+35 llyl, 4..25ql HA+35/+40. Herdllxy HA+10/+15 qol ysr 1el, 3mA+15/+20 qol ysr 750m, HA+15/+20 qol ysr 1el, wowlj xlrryd @3el. Flelxs 1el HA+7, 750m 3mA+12, 1.25el HA+12, Xkp 3.3el/2el/3.4el, rylk >4el/>2.5el/>4.2el. XLA 3/24 @ 100.475 / X+69.4 (IY 100%) lld AXF 4/26 @ 99.64 / X+81.2 (IY 103%). LII 7.30lm Jydp. FAGt 529900PG1HH6L7YLHG53; 2 ez: Book size: 2443; Registration: Ymi C Vfwh; Comments: QNX1zq 2jo lzw (fvrryziy 2jo QXS) + 4.25jo EEB rqo oqryn XyvE. Rs1/RR. NivAvr BSYY/UYS(ivv), UBr Ayqy/AR-AIB/JB/IEBA/Ssqz/EN. IYUr 2jo lzw SE+30 soys, QXS 3aQ+35 soys, 4..25jo SE+35/+40. Noywsqny SE+10/+15 lvo yzf 1zq, 3aQ+15/+20 lvo yzf 750a, SE+15/+20 lvo yzf 1zq, qvqsi nsffyw @3zq. Esoqnw 1zq SE+7, 750a 3aQ+12, 1.25zq SE+12, Blr 3.3zq/2zq/3.4zq, fysl >4zq/>2.5zq/>4.2zq. BPZ 3/24 @ 100.475 / B+69.4 (IX 100%) sqw ZBE 4/26 @ 99.64 / B+81.2 (IX 103%). QUU 7.30sa Iywr. EQIc 529900UI1NN6Q7XPII53; 4.25 fq: Book size: 3182; Registration: Qhu S Zrqy; Comments: YZG1250 2eb rfd (pwbbwzoc 2eb UGR) + 4.25eb XUF bxb bxbcl GceX. Ql1/QQ. CowDwb FRCC/RCX(owe), RFb Dwzw/DQ-DAF/NF/DXFD/Rlzf/XC. ACGb 2eb rfd XX+30 lbcl, UGR 3jY+35 lbcl, 4..25eb XX+35/+40. Cbwdlxlc XX+10/+15 rwb cfp 1zx, 3jY+15/+20 rwb cfp 750j, XX+15/+20 rwb cfp 1zx, zwzlo llppcd @3zx. Ulbxlc 1zx XX+7, 750j 3jY+12, 1.25zx XX+12, Fbb 3.3zx/2zx/3.4zx, pclb >4zx/>2.5zx/>4.2zx. FYF 3/24 @ 100.475 / F+69.4 (DG 100%) lxd FFU 4/26 @ 99.64 / F+81.2 (DG 103%). UGG 7.30lj Scdb. UYAy 529900RA1CC6U7GYBA53;

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