Ad-hoc messages:
Note: Links are referring to bourse.luJuly 1, 2020:
Changes in INEOS Styrolution board
June 29, 2020:
INEOS Styrolution Financing Group to take the lead in INEOS' plans to acquire BP's global Aromatics & Acetyls business
June 24, 2020:
Changes in INEOS Styrolution management
February 5, 2020:
Notification and public disclosure of transactions by persons discharging managerial responsibilities
Senior Secured Notes 2027:
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Instrument: |
Senior Secured Notes |
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Issuer: |
INEOS Styrolution Group GmbH |
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Amount: |
€600m |
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Currency: |
EUR |
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Tenor: |
7 years |
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Coupon: |
2.25% |
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Corporate rating: |
Ba2 / BB (Outlook negative) |
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Instrument rating: |
Ba2 / BB |
Offering Memorandum
Note: Link is referring to bourse.lu
Term Loan B 2027:
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Instrument: |
Term Loan B |
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Borrowers: |
INEOS Styrolution Group GmbH |
INEOS Styrolution US Holding LLC |
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Ranking: |
First Lien Senior Secured (in line with existing) |
|
|
Currency: |
EUR |
USD |
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Amount: |
€450m |
$202m |
|
Margin: |
200bps with 50bps floor |
200bps with 0bps floor |
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Corporate rating: |
Ba2 / BB (Outlook negative) |
|
|
Instrument rating: |
Ba2 / BB |
|
|
Tenor: |
7 years |
|