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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
SAARLD
Land Saarland (aka State of Saarland)€500
1EMEA
Oct 29, 2020
currency
EUR
size (m)
500.000
maturity
Nov 5, 2040
type
Fixed
tenor
20.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
-
fitch
AAA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
MS+10-12 a
spread
9
coupon
0.05%
spread set
-
price
99.72200
yield
0.064%
book size (m)
1,600
peak book (m)
-
x-covered
3.2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,600
peak book (m)
-
x-covered
3.2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
20 yr: Book size: 1600; Comments: EUR500m no-grow 20yr LSA. AAA Fitch. BLB/DZ/LBBW/NordLB/Uni(B&D). Guidance MS+12 area, revised +10 area (+/-1 wpir), set MS+9. Books closed >1.6bn (150m JLM). DBR 4.75% Jul-2040 + 48.5bp (@206.26%), HR: 63%. FTT 11.45am;

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