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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
NNGRNV
NN Group NV€500
1EMEA
Aug 22, 2022
currency
EUR
size (m)
500.000
maturity
Mar 1, 2043
type
Fixed
tenor
20.500
call
-
registration
Reg S Only
benchmark
Swaps
ranking
-
moody's
-
s&p
BBB-
fitch
BBB+
size description
-
re-open/tap
No
ipt
MS+320 a
ipt-pxd
-
guidance
-
spread
320
coupon
5.25%
spread set
-
price
99.16700
yield
5.36%
book size (m)
640
peak book (m)
-
x-covered
1.28
book attrition
-
nic
40
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
640
peak book (m)
-
x-covered
1.28
book attrition
-
nic
40
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
20.5 yr: Book size: 640; Redemption: 2032-08-30; Registration: Reg S Only; Comments: EUR500m 20.5NC10.5 bmk Tier 2 Green RegS. BBB-/BBB+. ING/JPM(B&D)/BNPP/Citi/DB/Uni. IPTs MS+320 area, Launch MS+320# for 500m. Books 640m+ ex-JLM, peak 700m+. DBR 0 02/15/32 @ 88.980 / 1.239% / B+412.1 (HR: 94%). FTT 3.15pm Tax Call: Yes. PP: Yes. Reset Date: 2033-03-01. Cleanup Call: yes at 80%. MWC: yes. Regulatory Call: yes on a Capital Disqualification Event. LEI: 724500OHYNDT9OY6Q215.Distribution:UK/Ire 31%, Fr 21%, Ger/Aus 13%, Scandi 12%, Benelux 9%, It 9%, Switz 4%. PB 5%, CB/OI 3%, AM/FM 76%, Ins/PF15%, Other 1%.;
Deal Comments
Tier 2. Green Bond

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