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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
EIKBOL
Eika Boligkreditt AS€500
1EMEA
Sep 2, 2026
currency
EUR
size (m)
500.000
maturity
Sep 9, 2036
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
-
ipt-pxd
-6
guidance
MS+38 area
spread
32
coupon
3.625%
spread set
-
price
99.21900
yield
3.72%
book size (m)
1,200
peak book (m)
1,320
x-covered
2.4
book attrition
-9.09%
nic
-1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,200
peak book (m)
1,320
x-covered
2.4
book attrition
-9.09%
nic
-1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1200; Registration: Reg S Only; Comments: Deal Stats: By Geography: DACH: 68%, Benelux: 15%, Nordics: 8%, Italy: 5%, Other: 2%, UK/Ire: 1%, Iberia: 1%. By Investor Type: Banks/PB: 56%, Ins/PF: 28%, AM/FM: 16%. DBR 3% 08/36 + 35.6bps (@96.956 - HR 100%). LEI: 549300T7MMTBQXCJOQ79;
Relative Value

Covered
10yr (Sept 2036) @ MS+38a
Implied Spread for fresh 8yr @ MS+33
Priced at MS+32
NIC of -1


COMPS

Ticker

Country

Announced

Ratings (M/S/F)

Amount

Coupon

Maturity

Years

I+Mid

SPABOL

NORWAY

19-Aug-26

Aaa/-/-

1000

3.375

Aug-33

7

22

SNOBNO

NORWAY

26-Aug-26

Aaa/-/-

750

3.25

Sep-33

7

22

NDAFH

FINLAND

01-Jun-26

Aaa/-/-

500

3.25

Jun-36

9.8

28

DZHYP

GERMANY

02-Jun-26

Aaa/AAA/-

1000

3.25

May-36

9.7

24