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
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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
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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
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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
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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