| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
IGC | ENGY | PRCD | SLB | Schlumberger Finance BV | €750 | 1 | EMEA | Oct 27, 2026 |
L 8yr (Mar 2035) @ MS+130/135
Implied Spread for fresh L8yr @ MS+95
Priced at MS+105
NIC of +10
Comps | ||||||
Sector Comps | ||||||
Ticker | M/S/F | Coupon | Maturity | Size | Yrs | Bid I Sprd |
SLB | A1/A+/- | 0.5 | Oct-31 | 900m | 5 | 50 |
SLB | A1/A+/- | 2 | May-32 | 1000m | 5.5 | 66 |
BPLN | A1/A-/A+ | 2.822 | Apr-32 | 1250m | 5.4 | 70 |
BPLN | A1/A-/A+ | 1.104 | Nov-34 | 900m | 8.1 | 88 |
BPLN | A1/A-/A+ | 4.323 | May-35 | 750m | 8.5 | 93 |
BKR | A3/A-/- | 3.812 | Mar-34 | 900m | 7.4 | 91 |
BKR | A3/A-/- | 4.193 | Mar-38 | 750m | 11.4 | 117 |
TTEFP | Aa3/A+/- | 3.647 | Jul-35 | 1100m | 8.7 | 91 |
TTEFP | Aa3/A+/- | 3.499 | Mar-37 | 850m | 10.3 | 103 |
Recent Low-Beta Supply | ||||||
Ticker | M/S/F | Coupon | Maturity | Size | Yrs | Bid I Sprd |
PEP | A1/A+/- | 4.25 | Oct-35 | 500m | 9 | 76 |
DT | A3/A-/A- | 4.375 | Oct-34 | 650m | 7.9 | 80 |
AIFP | A2/A/- | 4.5 | Oct-36 | 850m | 10 | 94 |
USD Curve / Relative Value | ||||||
Ticker | Coupon | Maturity | G-Spread | Yield | Comparison | |
SLB | 4.80% | May-2033 | G+64 | 5.53% | >> €ms+63 | |
SLB | 5.15% | May-2036 | G+72 | 5.71% | >> €ms+78 | |
| CreditFlow: End of Day (Europe IG) | Oct 27, 2026 |