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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
INGB
ING Belgium NV€1,000
1EMEA
May 12, 2022
currency
EUR
size (m)
1,000.000
maturity
May 19, 2029
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
-
moody's
Aaa
s&p
-
fitch
AAA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
MS+9 a
spread
5
coupon
1.50%
spread set
-
price
99.86800
yield
1.52%
book size (m)
1,400
peak book (m)
-
x-covered
1.4
book attrition
-
nic
3
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,400
peak book (m)
-
x-covered
1.4
book attrition
-
nic
3
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
7 yr: Book size: 1400; Registration: Reg S Only; Comments: EUR1bn 7yr covered bmk RegS. Danske/DZ/ING(B&D)/LBBW/RBI/Santan/SG. Guidance MS+9 area, set MS+5, launch 1bn, bks >1.4bn ex-JLM, peak >1.5bn. DBR 0 ¼ 02/15/29 + 86.90 bps @spot 97.36%, HR 102%. LEI: JLS56RAMYQZECFUF2G44. Distribution: Ger/Aus/Switz 43%, Benelux 24%, UK 10%, Fr 8%, Nordics 7%, S.Eur 7%, Other 1%. Bks/PB 58%, CB/OI 28%, AM 13%, Other 1%;
Deal Comments
Covered Bond

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