| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
IGC | FNCL | PRCD | BNFP | Danone SA | €1,500 | 3 | EMEA | Sep 21, 2026 |
5yr (Mar 2031) @ MS+90-95
Implied Spread for fresh 5yr @ MS+53
Priced at MS+62
NIC of 9
9yr (Mar 2035) @ MS+120-125
Implied Spread for fresh 9yr @ MS+83
Priced at MS+93
NIC of 10
COMPS | |||||||||
Ticker | Issuer | Rating | Coupon | Size | Issue Dt. | Maturity | Years to Mat | Price | I-Sprd |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.38% | EUR 700m | Mar-26 | Apr-30 | 3.5 | 98.21 | 42 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.48% | EUR 700m | Apr-24 | May-30 | 3.6 | 98.5 | 42 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 0.52% | EUR 700m | Nov-21 | Nov-30 | 4.1 | 87.53 | 34 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.47% | EUR 800m | May-23 | May-31 | 4.7 | 97.77 | 50 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.20% | EUR 700m | Sep-24 | Sep-31 | 5 | 96.54 | 49 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.07% | EUR 600m | Aug-22 | Sep-32 | 6 | 94.8 | 58 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.44% | EUR 800m | Apr-25 | Apr-33 | 6.5 | 95.65 | 72 |
BNFP | DANONE SA | Baa1 / BBB+ / - | 3.79% | EUR 500m | Mar-26 | Apr-34 | 7.5 | 97.18 | 74 |
Select FRN Comparables | |||||||||
Ticker | Issuer | Rating | Coupon | Size | Issue Dt. | Maturity | Years to Mat | Price | DM+ |
ORFP | L'OREAL SA | Aa1 / AA / - | 2.58% | EUR 650m | Jan-26 | Jan-28 | 1.3 | 99.95 | 22 |
IBM | IBM CORP | A3 / A- / A- | 2.75% | EUR 750m | Jan-26 | Feb-28 | 1.4 | 99.96 | 29 |
PEP | PEPSICO INC | A1 / A+ / - | 2.70% | EUR 500m | Feb-26 | Feb-28 | 1.4 | 99.97 | 23 |
NTT | NTT FINANCE CORP | A3 / BBB+ / - | 2.97% | EUR 600m | Feb-26 | Mar-28 | 1.5 | 99.86 | 42 |
AMZN | A1 / AA / AA- | 3.01% | EUR 1750m | Mar-26 | Mar-28 | 1.5 | 100.05 | 31 | |
HENKEL | HENKEL AG & CO KGAA | - / A / - | 2.67% | EUR 600m | Mar-26 | Apr-28 | 1.5 | 100.1 | 29 |
DHR | DANAHER CORP | A2 / A- / - | 2.83% | EUR 500m | Apr-26 | Apr-28 | 1.6 | 100.08 | 32 |
LIN | LINDE PLC | A2 / A / - | 2.84% | EUR 600m | May-26 | May-28 | 1.6 | 100 | 31 |
SAPGR | SAP SE | A1 / A+ / - | 2.94% | EUR 800m | May-26 | Jun-28 | 1.7 | 100.1 | 27 |
NTT | NTT FINANCE CORP | A3 / BBB+ / - | 3.08% | EUR 750m | Jun-26 | Jun-28 | 1.7 | 100.04 | 43 |
SUFP | SCHNEIDER ELECTRIC SE | - / A / - | 2.62% | EUR 800m | Jun-26 | Jul-28 | 1.8 | 99.99 | 29 |
GSK | GSK CAPITAL BV | A2 / A / - | 2.96% | EUR 850m | Aug-26 | Mar-28 | 1.5 | 100.02 | 28 |
| CreditFlow: End of Day (Europe IG) | Sep 21, 2026 |