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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
DNBNO
DNB Bank ASA€750
1EMEA
Jun 9, 2026
currency
EUR
size (m)
750.000
maturity
Jun 17, 2031
type
Fixed to Floating
tenor
5.000
call
4.00
registration
Reg S Only
benchmark
Swaps
ranking
Senior Preferred
moody's
Aa2
s&p
AA-
fitch
-
size description
-
re-open/tap
No
ipt
MS+70-75
ipt-pxd
-25.5
guidance
n/a - straight to launch
spread
47
coupon
3.25%
spread set
-
price
99.62400
yield
3.352%
book size (m)
1,700
peak book (m)
2,000
x-covered
2.27
book attrition
-15.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,700
peak book (m)
2,000
x-covered
2.27
book attrition
-15.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1700; First Pay: 2027-06-17; Redemption: 2030-06-17; Registration: Reg S Only; Comments: OBL 2.4 04/18/30 #191 +62.3bps (Spot: 98.81 / HR 103%). Tax Call: Yes. Regulatory Call: Yes. LEI: 549300GKFG0RYRRQ1414;
Use of Proceeds
The Notes are intended to constitute Green Bonds (as defined in the Base Prospectus). An amount equal to the net proceeds from the issue of the Notes is intended to finance or refinance, in whole or in part, a portfolio of Eligible Green Loans under the Issuer's Green Finance Framework (available on the Issuer's website). See the second and third paragraphs of "Use of Proceeds" in the Base Prospectus for further details
Relative Value

COMPS

Bond

Call Date

Rating (M / S / F)

Yr to Mat

Yr to Call

Issued

Size (m)

I+(Bid)

DNBNO 3 01/15/31

Jan-30

Aa2/AA-/-

4.6

3.6

Jan-25

750

41

DNBNO 3 01/20/32

Jan-31

Aa2/AA-/-

5.6

4.6

Jan-26

750

45