Log In
No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
LUMINO
Luminor Bank AS€300
1EMEA
May 31, 2023
currency
EUR
size (m)
300.000
maturity
Jun 8, 2027
type
Fixed
tenor
4.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Senior
moody's
Baa1
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
7.75% a
ipt-pxd
-
guidance
-
spread
447.1
coupon
7.75%
spread set
-
price
100.00000
yield
7.75%
book size (m)
350
peak book (m)
-
x-covered
1.17
book attrition
-
nic
50
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
350
peak book (m)
-
x-covered
1.17
book attrition
-
nic
50
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
4 yr: Book size: 350; Redemption: 2026-06-08; Registration: Reg S Only; Comments: EUR300m WNG 4NC3 SP RegS. Baa1/NR/NR. CMZ(B&D)/DNB(log)/JPM/Luminor. IPTs yield 7.75% area (equiv MS+450), launch 7.75% at 300m. Final books ~350m. OBL 0% 04/10/2026 (2.532%) B+521.8. FRN at 3mE+447. With tender for EUR Aug & Dec 2024. FTT: 3:45pm. Tax Call: Yes. Reset Date: 2026-06-08. Regulatory Call: Upon occurrence of an MREL Disqualification Event, a Capital Event. LEI: 213800JDOTKJMCUB1M79;
Deal Comments
Preferred Notes

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow