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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
XGJ
Gjensidige Forsikring ASAkr1,200
1EMEA
Sep 19, 2023
currency
NOK
size (m)
1,200.000
maturity
Dec 29, 2053
type
Floating
tenor
30.000
call
-
registration
-
benchmark
3mN
ranking
Subordinated
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
3mN+225-250
ipt-pxd
-
guidance
-
spread
225
coupon
3mN+225
spread set
-
price
100.00000
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
30 yr: First Pay: 2023-12-29; Redemption: 2028-09-29; Comments: NOK1.2bn exp for min 30yr Tier 2. NR/BBB+. DNB Markets (B&D)/Pareto. IPTs 3mN+225-250 WPIR for 30.25NC5, set 3mN+225 for exp 1.2bn, launch 1.2bn. Books now closed, 2.3bn+ at IPT range. With buyback of 5.89% Oct 2024 FRN. Resets to initial+100bp after 10.25yrs. Tax Call: Yes. Reset Date: 2033-12-29. Regulatory Call: Y. LEI: 5967007LIEEXZX6FAO47;
Deal Comments
Tier 2

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