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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
REAL
PRCD
GYCGR
Grand City Properties SA€500
1EMEA
Oct 7, 2026
currency
EUR
size (m)
500.000
maturity
Oct 13, 2028
type
Floating
tenor
2.000
call
1.00
registration
-
benchmark
3mEu
ranking
Sr. Unsecured
moody's
-
s&p
BBB
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
0
guidance
3mEu+100
spread
100
coupon
3mE+100
spread set
-
price
100.00000
yield
-
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: 2027-10-13; Comments: Tax Call: Yes. CoC: Yes. Clean-Up Call: 80%. LEI: 5299002QLUYKK2WBMB18. Total Net Debt ≤60%. Secured Net Debt ≤45%. Unsecured Net Debt ≥ 125%. Consolidated Coverage Ratio ≥1.8x;
Use of Proceeds
To refinance and/or repay the Issuer’s existing debt and general corporate purposes