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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
INDS
PRCD
PCAR
Paccar Financial Europe BV€300
1EMEA
Sep 1, 2026
currency
EUR
size (m)
300.000
maturity
Sep 9, 2029
type
Fixed
tenor
3.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
A1
s&p
A+
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+70 area
ipt-pxd
-30
guidance
STL
spread
40
coupon
3.50%
spread set
-
price
99.74800
yield
3.59%
book size (m)
950
peak book (m)
1,050
x-covered
3.17
book attrition
-9.52%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
950
peak book (m)
1,050
x-covered
3.17
book attrition
-9.52%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 950; Registration: Reg S Only; Comments: OBL 2.1 04/12/29 #189 (@ 97.88) + 63.6bp | HR 115%. LEI: Q47A62EK6GMSID3Y8C39;
Guarantor(s)
PACCAR Inc
Use of Proceeds
General Corporate Purposes
Relative Value

COMPS

Bond

Ratings

Tenor

Size (€m)

Bid i-sprd (bps)

PCAR 3 1/8 05/15/29

A1 / A+ / NR

2.7Y

300

31

CAT 3.404 08/28/29

A1 / A / A+

3.0Y

800

36

DTRGR 3 3/8 09/23/30

A3 / A- / NR

4.1Y

600

43

VLVY 3 3/8 08/26/29

A2 / A / NR

3.0Y

500

35

TOYOTA 3 1/8 07/11/29

A1 / A+ / NR

2.9Y

500

32

TOYOTA 4.05 09/13/29

A1 / A+ / A+

3.0Y

1000

37

BMW 3 1/4 05/19/29

A2 / A / NR

2.7Y

900

40

BMW 3 1/8 07/22/29

A2 / A / NR

2.9Y

1000

38