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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COND
PRCD
HNDA
Honda Motor Co Ltd€2,500
3APAC
Jun 30, 2026
currency
EUR
size (m)
1,250.000
maturity
Jul 7, 2029
type
Fixed
tenor
3.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A3
s&p
BBB+
fitch
A-
size description
-
re-open/tap
No
ipt
MS+110 area
ipt-pxd
-30
guidance
MS+85 area
spread
80
coupon
3.501%
spread set
-
price
100.00000
yield
3.501%
book size (m)
4,200
peak book (m)
4,200
x-covered
3.36
book attrition
0.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
book size (m)
4,200
peak book (m)
4,200
x-covered
3.36
book attrition
0.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
currency
EUR
size (m)
750.000
maturity
Jul 7, 2032
type
Fixed
tenor
6.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A3
s&p
BBB+
fitch
A-
size description
-
re-open/tap
No
ipt
MS+155 area
ipt-pxd
-30
guidance
MS+130 area
spread
125
coupon
4.008%
spread set
-
price
100.00000
yield
4.008%
book size (m)
3,500
peak book (m)
3,600
x-covered
4.67
book attrition
-2.78%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
book size (m)
3,500
peak book (m)
3,600
x-covered
4.67
book attrition
-2.78%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
currency
EUR
size (m)
500.000
maturity
Jul 7, 2036
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A3
s&p
BBB+
fitch
A-
size description
-
re-open/tap
No
ipt
MS+185 area
ipt-pxd
-30
guidance
MS+160 area
spread
153
coupon
4.443%
spread set
-
price
100.00000
yield
4.443%
book size (m)
2,600
peak book (m)
2,600
x-covered
5.2
book attrition
0.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
book size (m)
2,600
peak book (m)
2,600
x-covered
5.2
book attrition
0.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
Tranche Comments
Book size: 4200; Registration: Reg S Only; Comments: 96.5bps vs OBL 2.1% 4/29 (@98.84). HR: 106%. MWC: B+15. LEI: 549300P7ZYCQJ36CCS16; Book size: 3500; Registration: Reg S Only; Comments: 137.5bps vs DBR 0% 2/32 (@86.40). HR: 101%. MWC: B+25. LEI: 549300P7ZYCQJ36CCS16; Book size: 2600; Registration: Reg S Only; Comments: 157.7bps vs DBR 2.9% 2/36 (@100.27). HR: 95%. MWC: B+25. LEI: 549300P7ZYCQJ36CCS16;
Deal Comments
Exp. Size 3y: EUR1bn; 6y: EUR750m, 10y: EUR500m. The deal was upsized from EUR1bn to EUR1.250m
Use of Proceeds
Capital Expenditures and GCP