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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SCOR
SCOR SE€500
1EMEA
Jun 13, 2024
currency
EUR
size (m)
500.000
maturity
-
type
Fixed Rate Reset
tenor
Perp
call
10.00
registration
Reg S Only
benchmark
-
ranking
Restricted Tier 1
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
6.375% area
ipt-pxd
-37.5
guidance
STL
spread
-
coupon
6.00%
spread set
-
price
100.00000
yield
6.00%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Redemption: 2034-06-20; Registration: Reg S Only; Comments: Clean-up Call: 75%. Tax Call: Yes. Regulatory Call: yes;
Use of Proceeds
GCP, including through the repurchase of all or part of the outstanding €250m Fixed to Reset Rate Undated Subordinated Notes with a first call date on Oct. 1, 2025 (ISIN FR0012199123) (being eligible as Tier 1 Own Funds regulatory capital and benefitting from transitional measures for tiering of subordinated liabilities until the end of Dec. 2025

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