ISIN - International Securities Identification Number
  • Services
    • ISIN
    • CUSIP
    • 144A
    • Reg S
    • Equities
    • Bulk Orders
  • ISIN
  • ISIN Directory
  • News
  • Contact
  • Sign In
  • Sign Out
  • Apply for a New Identifier
Sign In Contact Apply for a New Identifier

ISIN Update: SAP SE (NYSE:SAP) Floats New Debt Issuance; 3 Tranches, 3bil (EUR)

November 16, 2014Frankfurt Stock Exchange, International Securities Identification Number, ISINjay

ISIN.net update courtesy of Nov 13 Reuters -Following are terms and conditions of a multi tranche deal priced on Thursday. The ISIN.net database is the world’s largest and most comprehensive dbase of International Securities Identifier Numbers.

Borrower SAP SE (SAP) As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 263,000 customers to operate profitably, adapt continuously, and grow sustainably

* * * *

Tranche 1

Issue Amount: 1.0 billion euro

Maturity Date: February 20, 2023

Coupon: 1.250 pct

Issue price: 99.4780

Reoffer price: 99.4780

Reoffer yield: 1.192

Spread: 40 basis points

Underlying govt bond Over midswaps

ISIN DE000A13SL26

* * * *

Tranche 2

Issue Amount: 750 million euro

Maturity Date: November 20, 2018

Coupon: 3-month euribor + 30 basis points

Issue price: Par

Reoffer price: Par

Discount Margin: 3-month euribor + 30 basis points

ISIN DE000A13SL18

* * * *

Tranche 3

Issue Amount: 1.0 billion euro

Maturity Date: February 22, 2027

Coupon: 1.193 pct

Issue price: 99.2840

Reoffer price: 99.2840

Reoffer yield: 1.816

Spread: 60 basis points

Underlying govt bond Over midswaps

ISIN DE000A13SL34

* * * *

Common terms

Payment Date November 20, 2014

Lead Manager(s) Deutsche Bank, Barclays & Goldman Sachs

Ratings Aa2 (Moody’s)

Listing Lux

Full fees Undisclosed

Denoms (M) 1

Governing Law German

Notes Launched under issuer’s DIP programme

Tags: $SAP, International Securities Identification Number, ISIN.net, NYSE: SAP

Related Articles

Arrow Dow Jones Global Yield ETF (GYLD) New CUSIP and ISIN Effective July 29, 2014

July 29, 2014jay

Fitch Affirms Groupama Ratings: Subordinated Debt Get “BB” and “BBB”

August 8, 2014jay

Small Tranche to Trigger Argentina Debt

August 15, 2014jay

Resources

  • ISIN
  • CUSIP
  • ISIN Directory
  • News
  • Membership
  • Sign In
  • Rule 144A
  • Regulation S
  • Equity vs Debt Offerings
  • Standard & Poor’s
  • Euroclear
  • Clearstream
  • Frankfurt Stock Exchange
  • SEDOL
  • Bloomberg

Services

  • ISIN
  • CUSIP
  • 144A
  • Reg S
  • Equities
  • Initial Public Offering
  • Bulk Orders

Company Info

  • Contact
  • About Us
  • Partnership Program
  • Privacy Policy
  • Terms of Use
  • Site Map

CONTACT ISIN.NET

Free Consultation: 212-655-9541
Copyright 1999-2023 © ISIN