| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
IGC | COND | PRCD | TRAGR | Traton Finance Luxembourg SA | £250 | 1 | EMEA | Aug 25, 2026 |
L 4yr (Oct 2030) @ Gilts+120 to 125
Implied Spread for fresh 5yr @ Gilts+90
Priced at MS+105
NIC of +15
COMPS | |||||||||
GBP Comparables: | |||||||||
Ticker | Mdy | S&P | Fitch | Issue | Maturity | Cpn | TTM | Amt (£M) | UKT+ |
TRAGR | Baa2 | BBB | - | Jan-24 | Jan-29 | 5.63% | 2.4 | 450 | 83 |
HNDA | A3 | BBB+ | A- | Aug-23 | Sep-30 | 5.60% | 4 | 450 | 80 |
HNDA | A3 | BBB+ | A- | Oct-25 | Aug-31 | 5.05% | 5 | 300 | 95 |
VW | Baa1 | BBB+ | A- | May-26 | Apr-29 | 5.13% | 2.6 | 350 | 93 |
VW | Baa1 | BBB+ | A- | Jul-25 | Jul-31 | 5.25% | 4.9 | 250 | 97 |
EUR Comparables: | |||||||||
Ticker | Mdy | S&P | Fitch | Issue | Maturity | Cpn | TTM | Amt (€M) | €MS+ |
TRAGR | Baa2 | BBB | - | Mar-24 | Mar-30 | 3.75% | 3.6 | 750 | 75 |
TRAGR | Baa2 | BBB | - | Jan-25 | Jan-31 | 3.75% | 4.4 | 500 | 84 |
TRAGR | Baa2 | BBB | - | May-26 | Nov-31 | 3.88% | 5.2 | 500 | 96 |
HNDA | A3 | BBB+ | A- | Jun-26 | Jul-29 | 3.50% | 2.9 | 1,250 | 60 |
HNDA | A3 | BBB+ | A- | Jul-24 | Apr-31 | 3.65% | 4.7 | 750 | 81 |
HNDA | A3 | BBB+ | A- | Jun-25 | Jun-31 | 3.50% | 4.8 | 500 | 78 |
HNDA | A3 | BBB+ | A- | Mar-25 | Mar-32 | 3.95% | 5.6 | 750 | 89 |
VW | Baa1 | BBB+ | - | Jun-24 | Sep-30 | 3.88% | 4 | 750 | 74 |
VW | Baa1 | BBB+ | A- | Nov-24 | Nov-31 | 3.88% | 5.2 | 650 | 89 |
| CreditFlow: End of Day (Europe IG) | Aug 25, 2026 |