Covivio (COVFP)

No results found for "".

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	REAL	PRCD	COVFP	Covivio	€500		1	EMEA	Jul 22, 2026

Tranche #1Covivio

currency

EUR

size (m)

500.000

maturity

Jul 29, 2033

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB+

fitch

size description

Will Not Grow

re-open/tap

ipt

MS+135 area

ipt-pxd

-30

guidance

n/a - straight to launch

spread

105

coupon

4.125%

spread set

price

99.73800

yield

4.169%

book size (m)

1,300

peak book (m)

1,850

x-covered

2.6

book attrition

-29.73%

nic

billing & delivering

active leads

,,,,

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,300

peak book (m)

1,850

x-covered

2.6

book attrition

-29.73%

nic

billing & delivering

active leads

,,,,

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

Book size: 1300; Registration: Reg S Only; Comments: +116.6bps vs DBR 2.3% 02/2033 TWIN (95.86) HR 104%. MWC: B+20. CoC: Yes. Clean-Up Call: 75%. LEI: 969500P8M3W2XX376054;

Use of Proceeds

The Notes are designated as “European Green Bond” or “EuGB” in accordance with Regulation (EU) 2023/2631 of the European Parliament and of the Council. The net proceeds will be fully allocated to fixed assets aligned to activities that are 100% environmentally sustainable under Article 3 of Regulation (EU) 2020/852, as detailed in the Issuer’s European Green Bond Factsheet, dated April 2025 and updated in April 2026

Relative Value

7yr (Jul 2033) @ MS+135 area

Implied Spread for fresh 7yr @ MS+100

Priced at MS+105
NIC of 5

COMPS
Security	Ratings	Bid I Spread	Issue Date
COVFP 1 5/8 06/23/30	-/BBB+/-	52	23/06/2020
COVFP 1 1/8 09/17/31	-/BBB+/-	82	17/09/2019
COVFP 4 5/8 06/05/32	-/BBB+/-	91	05/12/2023
COVFP 3 5/8 06/17/34	-/BBB+/-	109	17/06/2025
GFCFP 3 1/4 06/03/31	A3/A-/-	65	03/06/2026
GFCFP 3 3/8 08/04/35	A3/A-/-	86	04/08/2025

Hide Details

CreditFlow: End of Day (Europe IG)	Jul 22, 2026

Jul 22, 2026

1 to 1 of 1

	PRICED: Covivio €500m 7yr EuGB Sr Unsec; MS+105bp	Jul 22, 2026
	ALLOCATIONS OUT: Covivio €500m 7yr Sr Unsec; MS+105bp	Jul 22, 2026
	LAUNCHED: Covivio €500m 7yr EuGB Sr Unsec; MS+105bp	Jul 22, 2026
	NEW ISSUE: Covivio €500m (WNG) 7yr EuGB; MS+135a	Jul 22, 2026

1 to 4 of 4

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Covivio (COVFP)

Deal Details

Commentary

Deal Flow