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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SHBASS
Svenska Handelsbanken AB€750
1EMEA
Oct 21, 2026
currency
EUR
size (m)
750.000
maturity
Oct 28, 2030
type
Fixed
tenor
4.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Senior Preferred
moody's
Aa2
s&p
AA-
fitch
AA+
size description
-
re-open/tap
No
ipt
MS+70-75
ipt-pxd
-25.5
guidance
STL
spread
47
coupon
3.875%
spread set
-
price
99.81100
yield
3.927%
book size (m)
1,400
peak book (m)
1,950
x-covered
1.87
book attrition
-28.21%
nic
9
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,400
peak book (m)
1,950
x-covered
1.87
book attrition
-28.21%
nic
9
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1400; First Pay: 2027-10-28; Registration: Reg S Only; Comments: OBL 2.2 10/10/30 #192 +74.6 bps | Bid @ 96.40 | 3.181% | HR 101%. LEI: NHBDILHZTYCNBV5UYZ31;
Use of Proceeds
General Corporate Purposes
Relative Value

Senior Preferred
4yr (Oct 2030) @ MS+70-75

Implied Spread for fresh 4yr @ MS+38
Priced at MS+47
NIC of +9


COMPS

Ticker

Moody's

S&P

Fitch

Format

Coupon

Mty Date

Yr to Mty

O/S

Bid I Spread

SHBASS

Aa2

AA-

AA+

SP FXD

2.63%

Sep-29

2.9

750

20

SHBASS

Aa2

AA-

AA+

SP FXD

2.88%

Feb-32

5.3

500

42

SHBASS

Aa2

AA-

AA+

SNP FXD

3.25%

Aug-31

4.9

750

56

NDAFH

Aa3

AA-

AA

SP FXD

2.75%

May-30

3.5

1000

34

SWEDA

Aa2

AA-

AA+

SP FXD

3.38%

May-30

3.6

500

33

SBAB

A1

A+

-

SP FXD

2.75%

Apr-31

4.5

500

41