No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
UTIL
PRCD
EDF
Electricite De France SA (EDF)€1,000
1EMEA
Sep 8, 2026
currency
EUR
size (m)
1,000.000
maturity
-
type
Fixed Rate Reset
tenor
Perp
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Subordinated
moody's
Ba2
s&p
BB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
5.75% area
ipt-pxd
-37.5
guidance
STL
spread
209.5
coupon
5.25%
spread set
-
price
99.45200
yield
5.375%
book size (m)
2,650
peak book (m)
3,000
x-covered
2.65
book attrition
-11.67%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,650
peak book (m)
3,000
x-covered
2.65
book attrition
-11.67%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2650; First Pay: 2027-03-14; Redemption: 2031-12-14; Registration: Reg S Only; Comments: DBR 0 02/15/32 (84.64 bid) + 225.8bps. MWC: B+35. Tax Call: Yes. Clean-Up Call: 75%. LEI: 549300X3UK4GG3FNMO06;
Use of Proceeds
In compliance with its Green Financing Framework, the Issuer intends to allocate an amount equivalent to the net proceeds of the Notes to capital expenditures in nuclear power generation within the EU and aligned to the EU-Taxonomy, specifically to existing French nuclear reactors in relation to their lifetime extension
Relative Value

COMPS

Ticker

Rating (M/S/F)

Amount (€m)

Coupon (%)

Issue Date

Years to First Reset

I-Spread (bid)

YTR

EDF

Ba2 / BB- / BBB-

1250

4.375

Oct-25

4.6

203

5.23%

EDF

Ba2 / BB- / BBB-

650

5.625

Sep-24

6

206

5.33%

ENGIFP

Baa3 / BBB- / BBB-

750

5

Sep-26

8.3

166

5.01%