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International bonds: Lecta, FRN 1aug2022, EUR (XS1458414023)

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Variable rate, Senior Secured

Status
Redemption default
Amount
225,000,000 EUR
Placement
***
Redemption (put/call option)
*** (-)
ACI on
Country of risk
Luxembourg
Current coupon
-
Price
-
Yield / Duration
-
Calculate in two clicks! yield, duration and other parameters
Calculate in two clicks! yield, duration and other parameters
Calculator What is a calculator?
  • Placement amount
    225,000,000 EUR
  • Outstanding amount
    225,000,000 EUR
  • Minimum Settlement Amount
    100,000 EUR
  • ISIN RegS
    XS1458414023
  • Common Code RegS
    145841402
  • CFI RegS
    DBVSBR
  • FIGI RegS
    BBG00DDLLKY5
  • Ticker
    LECTA 0 08/01/22 REGS

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Quotes from market participants are indicative

Stock exchange and OTC quotes

Quotes provided by information providers are indicative in nature

Issue information

Profile
Lecta is one of the largest manufacturers of coated woodfree paper in the world.
  • Borrower
    Go to the issuer page
    Lecta
  • Full borrower / issuer name
    Lecta
  • Sector
    Corporate
  • Industry
    Pulp, Paper and Wood
Volume
  • Placement amount
    225,000,000 EUR
  • Outstanding amount
    225,000,000 EUR
Face value
  • Minimum Settlement Amount
    100,000 EUR
  • Increment
    *** EUR
  • Face value
    1,000 EUR
Listing
  • Listing
    ***

Cash flow parameters

  • Reference rate
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Business Day Convention
    Modified Following Business Day
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

Debt Servicing

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bonds globally

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80 000

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Placement

  • Placement method
    Open subscription
  • Placement type
    Public
  • Placement
    ***
  • Initial issue price (yield)
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • The purpose of placing
    The gross proceeds from the Offerings will be A600.0 million. This includes proceeds from the issuance of (i) the Floating Rate Senior Secured Notes (without giving effect to the issue price of 99%) of A225.0 million and (ii) the Fixed Rate Senior Secured Notes of A375.0 million.
Participants
  • Bookrunner
    ***, ***, ***, ***, ***
  • Depository
    ***, ***

Conversion and exchange

Additional information

Latest issues

Identifiers

  • ISIN RegS
    XS1458414023
  • ISIN 144A
    ***
  • CUSIP RegS
    ***
  • CUSIP 144A
    ***
  • Common Code RegS
    145841402
  • Common Code 144A
    145841437
  • CFI RegS
    DBVSBR
  • CFI 144A
    DBVNBR
  • FIGI RegS
    BBG00DDLLKY5
  • FIGI 144A
    BBG00DGHM494
  • WKN RegS
    A1VQD9
  • WKN 144A
    A1V1TT
  • Ticker
    LECTA 0 08/01/22 REGS
  • Type of security by CBR
    ***

Bond classification

  • Senior Secured
  • Registered
  • Coupon bonds
  • Variable rate
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Guaranteed
  • Inflation-linked principal
  • Supranational bond issues
  • Inflation-linked coupon
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible

Restructuring

***

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