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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SNOBNO
Sparebanken Norge Boligkreditt AS€750
1EMEA
Aug 26, 2026
currency
EUR
size (m)
750.000
maturity
Sep 2, 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
-6
guidance
MS+29 area
spread
23
coupon
3.25%
spread set
-
price
99.26300
yield
3.37%
book size (m)
1,550
peak book (m)
1,700
x-covered
2.07
book attrition
-8.82%
nic
1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,550
peak book (m)
1,700
x-covered
2.07
book attrition
-8.82%
nic
1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1550; First Pay: 2027-09-02; Registration: Reg S Only; Comments: DBR 2.6 08/15/33 at 97.277 / B+33 / HR 100%. LEI: 5967007LIEEXZX6AO004;
Use of Proceeds
To finance or re-finance, in part or in full, new and/or existing residential green buildings, pursuant to the Issuer’s Green Bond Framework, which is available on the website of the Issuer alongside the second party opinion
Relative Value

Covered
7yr (Sep 2033) @ MS+29a

Implied Spread for fresh 7yr @ MS+22

Priced at MS+23
NIC of +1

COMPS

Security

Tenor

Amt (m)

Rating

Issued

Cpn (%)

I-Mid

Label

SRBANK 2 3/4 02/27/33

6.5

1000

Aaa / AAA

27-Feb-26

2.75

21

Green

SWEDA 3 06/08/33

6.8

1000

Aaa / AAA

08-Jun-26

3

21.5

-

SPABOL 3 3/8 08/26/33

7

1000

Aaa

26-Aug-26

3.375

21.5

Green