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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
NIPLIF
Nippon Life Insurance Co€550
1APAC
Aug 24, 2026
currency
EUR
size (m)
550.000
maturity
Sep 1, 2056
type
Fixed Rate Reset
tenor
30.000
call
10.00
registration
Reg S Only
benchmark
Swaps
ranking
Tier 2
moody's
A2
s&p
A-
fitch
-
size description
Maximum
re-open/tap
No
ipt
MS+180 area
ipt-pxd
-27
guidance
MS+153#
spread
153
coupon
4.804%
spread set
-
price
100.00000
yield
4.804%
book size (m)
1,750
peak book (m)
2,800
x-covered
3.18
book attrition
-37.50%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,750
peak book (m)
2,800
x-covered
3.18
book attrition
-37.50%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1750; Redemption: 2036-09-01; Registration: Reg S Only; Comments: DBR 3% 08/36 @ 97.84 + 154.8bps. Tax Call: Yes. Regulatory Call: Yes. LEI: 549300Y0HHMFW3EVWY08;
Use of Proceeds
General Corporate Purposes