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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
PROTCT
Protector Forsikring ASAkr500
1EMEA
Dec 9, 2020
currency
NOK
size (m)
500.000
maturity
Dec 16, 2050
type
Floating
tenor
30.000
call
-
registration
-
benchmark
3mN
ranking
-
moody's
-
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
3mN+325-350
ipt-pxd
-
guidance
3mN+325-350
spread
350
coupon
3mN+350
spread set
-
price
100.00000
yield
-
book size (m)
625
peak book (m)
-
x-covered
1.25
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
625
peak book (m)
-
x-covered
1.25
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
30 yr: Book size: 625; First Pay: 2021-03-16; Redemption: 2025-12-16; Comments: NOK500m 30yr NC min 5yr Tier 2. Snr BBB+ (neg) by AM Best. DNB. May buy back NOK500m Apr 2046 Tier 2 FRN (call Apr 2021). IPTs 3mN+325/+350 for 300m-500m 30NC5, talk +325/+350 (wpir), set +350 for 500m. Books last 625m+. 100bp step-up after 10yrs. LEI: 5967007LIEEXZXAIO813;
Deal Comments
Tier 2
Use of Proceeds
Refinancing

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