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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
INDS
PRCD
DGFP
Cofiroute SA€500
1EMEA
Aug 26, 2026
currency
EUR
size (m)
500.000
maturity
Feb 2, 2033
type
Fixed
tenor
6.500
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
A-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+110 area
ipt-pxd
-35
guidance
MS+80 area
spread
75
coupon
3.875%
spread set
-
price
99.96200
yield
3.885%
book size (m)
1,300
peak book (m)
2,200
x-covered
2.6
book attrition
-40.91%
nic
0
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,300
peak book (m)
2,200
x-covered
2.6
book attrition
-40.91%
nic
0
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1300; Registration: Reg S Only; Comments: DBR 2.3 02/15/33 TWIN @ 95.800 / 3.023% (DBR+86.2bps / HR: 99%). MWC: B+15. CoC: Yes. Clean-Up Call: 75%. LEI: 213800CP8292W9E8LJ69;
Use of Proceeds
General Corporate Purposes
Relative Value

L 6yr (Sep 2032) @ MS+110a

Implied Spread for fresh L 6yr @ MS+75

Priced at MS+75
NIC of 0


COMPS

Security

issuer name

Ratings

Bid I Spread

Issue Date

Years to Maturity

DGFP 3 3/8 10/17/32

VINCI SA

A3/A-/A-u

66

17/10/2022

6.1

DGFP 3 1/4 01/19/33

AUTOROUTES DU SUD DE LA

A3/A-/-

74

19/01/2023

6.4

DGFP 3 1/8 03/06/33

COFIROUTE SA

-/A-/-

73

06/03/2025

6.5

DGFP 3 3/8 01/19/34

AUTOROUTES DU SUD DE LA

A3/A-/-

73

19/01/2026

7.4