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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COND
PRCD
FERROV
Ferrovie Dello Stato Italiane SpA€650
1EMEA
Jun 17, 2026
currency
EUR
size (m)
650.000
maturity
Jun 24, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
BTP
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
BBB+
size description
-
re-open/tap
No
ipt
BTP+40 area
ipt-pxd
-15
guidance
n/a- straight tp launch
spread
25
coupon
3.25%
spread set
-
price
99.62800
yield
3.332%
book size (m)
1,850
peak book (m)
2,000
x-covered
2.85
book attrition
-7.50%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
co-managers
-
coordinating managers
-
book size (m)
1,850
peak book (m)
2,000
x-covered
2.85
book attrition
-7.50%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1850; Registration: Reg S Only; Comments: BTPS 3.15% 06/01/2031 (HR: 100%) @100.410 // 3.082%. CoC: Yes. LEI: 549300J4SXC5ALCJM731;
Deal Comments
Exp. Size: EUR500m. The deal was upsized from EUR500m to EUR650m
Use of Proceeds
An amount equal to the net proceeds will be allocated to finance 100% EU Taxonomy aligned projects (as per SPO), specifically investments in Italy in both passengers’ transport and rail infrastructure as further described in the issuer Green Bond Framework