Core Viewpoint - King US Bidco, Inc. has successfully priced €750,000,000 in Floating Rate Senior Secured Notes due 2032, with an interest rate linked to the three-month EURIBOR plus 3.25% [1][2] Group 1: Offering Details - The Notes will be issued at an issue price of 100.000% and are expected to close on December 1, 2025 [1] - The interest rate for the Notes is set at the three-month EURIBOR (with a floor of 0%), reset quarterly, plus 3.25% [1] - The Notes will mature on December 1, 2032 [1] Group 2: Use of Proceeds - Proceeds from the Offering will be used to fund the acquisition of 100% of the share capital of Kelvion Thermal Solutions Holding GmbH and Mangrove GermanCo I GmbH [2] - The proceeds will also be used to redeem €525.0 million of existing senior secured floating rate notes due 2029 of the Target Companies' parent [2] - Additional uses include repaying borrowings under existing senior secured facilities and covering transaction-related costs [2] Group 3: Regulatory and Market Considerations - The Notes are being offered only to qualified institutional buyers and non-U.S. persons, exempt from the registration requirements of the Securities Act [3] - The offering is not intended for retail investors in the European Economic Area or the United Kingdom [6][8] - The target market for the Notes is limited to eligible counterparties and professional clients as defined under MiFID II [9][10]