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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
PGB
Republic of Portugal€4,000
1EMEA
Jan 4, 2024
currency
EUR
size (m)
4,000.000
maturity
Oct 20, 2034
type
Fixed
tenor
11.000
call
-
registration
144A/Reg S
benchmark
Swaps
ranking
-
moody's
A3
s&p
BBB+
fitch
A-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
MS+41 a
spread
40
coupon
2.875%
spread set
-
price
98.89800
yield
2.997%
book size (m)
19,400
peak book (m)
-
x-covered
4.85
book attrition
-
nic
8
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
19,400
peak book (m)
-
x-covered
4.85
book attrition
-
nic
8
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
11 yr: Book size: 19400; Registration: 144A/Reg S; Comments: EUR4bn 10yr PGB bmk RegS/144A. A3/BBB+/A-/A. BNPP(DM/B&D)/CaixaBI/Citi/CA-CIB/JPM/Santan. Guidance MS+41 area, set MS+40, launch 4bn. Final books closed 19.4bn+ (incl 1.25bn JLM). B+86.3 vs DBR 2.6% Aug-33 (@ 104.002). Distribution: UK 27.4%, Fr/It/Spain 24.5%, Portugal 17.2%, Ger/Aus/Swiss 9.7%, Nordics 7%, Other 5.9%, Other Eur 4.1%, N.America 4.2%. FM 32.8%, Bks/PB 31.1%, OI 20.8%, HF 7.9%, Ins/PF 6.3%, Others 1.2%. Tax Call: No. PP: No. XD: No;

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