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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
GLJ
Grenke AG€125
1EMEA
Mar 2, 2016
currency
EUR
size (m)
125.000
maturity
Apr 9, 2021
type
Fixed
tenor
5.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
1.625-1.75%
spread
154.6
coupon
1.5%
spread set
-
price
99.75800
yield
1.55%
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
5 yr: Comments: EUR100m (exp size) long 5yr 9Apr2021. BLB/CMZ/DZ(B&D). 1.625-1.75% (MS+161-173 area), final EUR125m at 1.55% (1.5% cpn at 99.758) = MS+154.6bp = OBL 173 +191.1bp @101.862 / HR 93%. Was Possible CHF deal after Zurich inv update/rshow Tues 2 Feb. CMZ. NR/BBB+.;

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