Pirelli prezza bond 2019 da 600 mln a reoffer 99,498, MS+145 pb - Ifr

giovedì 13 novembre 2014 17:03
 

: PRICED                       [Asset Type]: Investment Grade
[Pricing Date]: 13-Nov-14              [Issuer/Borrower Type]: Corporate
 : Pirelli                      [Program Type]: EMTN
[Issuer Long Name]: PIRELLI TYRE SPA   : BNPP/IMI/BAML/SG/UNI
 : EUR 600M                       : 1.750 Fixed
 : NR/NR/NR                    [Reoffer Price]: 99.4980
DBRS: NR                               : 1.856
 : 5y 18-Nov-19              : MS+145
[Issue Type]: Sr Unsec Notes           [Price Guidance]: MS+175/+185
CUSIP/ISIN: XS1139287350               :  Pirelli Tyre S.p.A.
 : Cons Disc-Autos              : 100k+1k
 : English                         UOP: GCP
 : Tyres                      : Undisclosed
 : ITALY                       : Reg S only
 : Europe
 : 18-Nov-14
    
NOTES: EUR600m 5yr. Unrated. BAML/BNPP(B&D, GloCo)/IMI/SG/Uni. IPTs
MS+175/+185, guidance +150/+155, tbp +145. OBL 0.25% 10/19 #170 @ 100.69 (HR
96%) +174.7bp.