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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
CRDEM
Credito Emiliano SpA (Credem)€500
1EMEA
May 24, 2022
currency
EUR
size (m)
500.000
maturity
May 31, 2029
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
-
moody's
Aa3
s&p
-
fitch
AA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
MS+20-22
spread
22
coupon
1.75%
spread set
-
price
99.94100
yield
1.759%
book size (m)
500
peak book (m)
-
x-covered
1
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
500
peak book (m)
-
x-covered
1
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
7 yr: Book size: 500; Registration: Reg S Only; Comments: EUR500m WNG 7yr OBG covered RegS. Aa3/NR/AA. Barc/BNPP/CA-CIB(B&D)/Natx/Uni. Guidance MS+20/+22 (WPIR), launch MS+22, bks >500m (125m JLM), +94.3 vs DBR 0.25% 02/29 HR 102% (px 96.31). FTT 12.30pm. LEI: 8156004B244AA70DE787. Distribution: Italy 65%, UK 16%, Ger/Aust/Swiss 7%, France 6%, Nordics 5%, Others 1%. Banks 61%, CBs 36%. Others 3%.;
Deal Comments
Covered Bond

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