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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SPABOL
Sparebank 1 Boligkreditt AS€1,000
1EMEA
Aug 19, 2026
currency
EUR
size (m)
1,000.000
maturity
Aug 26, 2033
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-7
guidance
MS+30 area
spread
23
coupon
3.375%
spread set
-
price
99.77900
yield
3.411%
book size (m)
3,300
peak book (m)
3,400
x-covered
3.3
book attrition
-2.94%
nic
-1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,300
peak book (m)
3,400
x-covered
3.3
book attrition
-2.94%
nic
-1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3300; Registration: Reg S Only; Comments: Deal Stats: By Geography: DACH 49%, Benelux 20%, UK/Ireland 9%, Southern Europe 8%, Nordics 6%, France 6%, Other 2%. By Investor Type: Banks 59%, AM 16%, Insurance/PF 10%, CB/OI 10%, HF 4%, Other 1%. 31.8bp vs. DBR 2.6% Aug-2033 (96.944, HR 101%). LEI: 549300M6HRHPF3NQBP83;
Use of Proceeds
The Covered Bonds use the designation 'European Green Bond' or 'EuGB' in accordance with Regulation (EU) 2023/2631 (the "EU Green Bond Regulation"). An amount equivalent to the proceeds of the Notes will be used to finance and/or refinance the Economic Activities in accordance with the European Green Bond Factsheet dated June 2026 (the "Factsheet"), prepared by the Issuer in accordance with the EU Green Bond Regulation and aligned with the ICMA Green Bond Principles
Relative Value

Covered Green
7yr (Aug 2033) @ MS+30a

Implied Spread for fresh 7yr @ MS+24

Priced at MS+23
NIC of -1


COMPS

Ticker

Issue date

Coupon

Size (m)

Maturity date

ESG

I spread Mid

SPABOL

16.03.2026

3

1000

23.03.2032

-

20

SRBANK

18.02.2026

2.75

1000

27.02.2033

green

21

SWEDA

29.05.2026

3

1000

08.06.2033

-

22