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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
UTIL
PRCD
ACEIM
Acea SpA€500
1EMEA
Jun 23, 2026
currency
EUR
size (m)
500.000
maturity
Jul 2, 2032
type
Fixed
tenor
6.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa1
s&p
-
fitch
BBB+
size description
Will Not Grow
re-open/tap
No
ipt
MS+100 area
ipt-pxd
-35
guidance
MS+70 area
spread
65
coupon
3.375%
spread set
-
price
99.54100
yield
3.461%
book size (m)
1,550
peak book (m)
2,600
x-covered
3.1
book attrition
-40.38%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,550
peak book (m)
2,600
x-covered
3.1
book attrition
-40.38%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1550; Registration: Reg S Only; Comments: DBR 0% 02/2032 @86.188% / 2.669% (HR 112%). MWC: B+15. CoC: 100%. Clean-Up Call: 80%. LEI: 549300Q3448N041CTH56;
Use of Proceeds
Finance and/or refinance, in whole or in part, Eligible Blue Projects as defined in Acea’s Green & Blue Financing Framework
Relative Value

COMPS

Bond

Ratings (M/S&P/ F)

Maturity

Tenor (yrs)

Amount (€m)

I-spread (bid)

ESG Label

ACEIM 0 1/2 04/06/29

Baa1 / / BBB+

06/04/2029

2,8

500

41


ACEIM 0 1/4 07/28/30

Baa1 / / BBB+

28/07/2030

4,1

600

50

Green

ACEIM 3 7/8 01/24/31

Baa1 / / BBB+

24/01/2031

4,6

700

50

Green

HERIM 3 1/2 06/04/32

Baa1 / BBB+ /

04/06/2032

5,9

500

71

Green