DSV, 1142 - EUR 5 BILLION EUROBONDS ISSUE
04 Novembre 2024 - 2:51PM
UK Regulatory
DSV, 1142 - EUR 5 BILLION EUROBONDS ISSUE
Company Announcement No.
1142
DSV A/S has through DSV Finance B.V.
successfully placed and closed an aggregate principal amount of EUR
5.0 billion senior unsecured notes (the “Notes”) in six tranches
under its EMTN Programme.
The Notes will be issued 6 November 2024 at an
average price of 99.669% and will be listed on Euronext Dublin. The
Notes will have an average duration of 5.5 years and an average
coupon rate of 3.250% based on the 3mEuribor rate at the time of
pricing. Five out of the six tranches have a fixed coupon rate.
Standard & Poor’s rated the bonds at A- and
Moody’s rated the bonds A3, both in line with their rating of DSV
A/S.
The net proceeds from the transaction will be
used for funding the acquisition of Schenker AG, including reducing
the commitments under the Bridge Facilities Agreement (as defined
in the EMTN Base Offering Circular available on
www.investor.dsv.com).
|
|
Tranche 1
2-year FRN |
Tranche 2
2-year FXD |
Tranche 3
4-year FXD |
Tranche 4
6-year FXD |
Tranche 5
8-year FXD |
Tranche 6
10-year FXD |
|
Issue size |
600 EURm |
650 EURm |
1,000 EURm |
1,250 EURm |
750 EURm |
750 EURm |
|
Duration |
2 years |
2 years |
4 years |
6 years |
8 years |
10 years |
|
Maturity date |
06.11.2026 |
06.11.2026 |
06.11.2028 |
06.11.2030 |
06.11.2032 |
06.11.2034 |
|
Issue price |
100.0% |
99.891% |
99.881% |
99.571% |
99.752% |
99.010% |
|
Coupon |
3mEuribor
+ 50 bps |
2.875% |
3.125% |
3.250% |
3.375% |
3.375% |
BNP Paribas, Danske Bank, HSBC and Nordea have acted as joint
bookrunners on the transaction.
Contacts
Investor Relations:
Stig Frederiksen, tel. +45 43 20 36 38,
stig.frederiksen@dsv.com
Alexander Plenborg, tel. +45 43 20 33 73,
alexander.plenborg@dsv.com
Yours sincerely,
DSV A/S
- 1142 - Announcement (04.11.2024) - EUR 5 BILLION EUROBONDS
ISSUE
Grafico Azioni DSV AS (TG:DS81)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni DSV AS (TG:DS81)
Storico
Da Gen 2024 a Gen 2025
