| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
IGC | FNCL | PRCD | ERSTBK | Erste Group Bank AG | €1,500 | 2 | EMEA | Sep 1, 2026 |
Senior Preferred
3yr (Sept 2029) @ MS+70a
Implied Spread for fresh 3yr @ MS+30
Priced at MS+37
NIC of +7
Senior Preferred
7yr (Sept 2033) @ MS+100a
Implied Spread for fresh 7yr @ MS+60
Priced at MS+70
NIC of +10
COMPS | ||||||||||
Ticker | Country | Rank | Size (EUR) | Rating (M/S/F) | Coupon | Issued | Maturity | Call Date | Structure | I-BID |
3yr: | ||||||||||
ERSTBK | AT | Sr Preferred | 500mn | A1/A+/A | 0.25% | Sept-21 | Sept-29 | - | 3Y | 23 |
ABNANV | NL | Sr Preferred | 500mn | A1/A/AA- | 3.25% | Aug-26 | Aug-29 | - | 3Y | 28 |
INTNED | NL | Sr Unsecured | 1,000mn | A2/A+/AA | 3.25% | May-26 | May-29 | - | 2.7Y | 29 |
7yr: | ||||||||||
ERSTBK | AT | Sr Preferred | 750mn | A1/A+/A | 3.25% | Jan-25 | Jan-33 | Jan-32 | 6.4NC5.4 | 61 |
ABNANV | NL | Sr Preferred | 500mn | A1/A/AA- | 3.63% | Aug-26 | Aug-33 | - | 7Y | 58 |
NDAFH | FI | Sr Preferred | 750mn | Aa2/AA-/AA | 3.63% | Aug-26 | Aug-33 | - | 7Y | 54 |
| CreditFlow: End of Day (Europe IG) | Sep 1, 2026 |