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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
ESM
European Stability Mechanism (ESM)€2,000
1EMEA
Sep 23, 2024
currency
EUR
size (m)
2,000.000
maturity
Sep 30, 2027
type
Fixed
tenor
3.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Aaa
s&p
AAA
fitch
AAA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
MS+9 a
spread
8
coupon
2.375%
spread set
-
price
99.95100
yield
2.392%
book size (m)
6,600
peak book (m)
-
x-covered
3.3
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
6,600
peak book (m)
-
x-covered
3.3
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
3 yr: Book size: 6600; Registration: Reg S Only; Comments: EUR2bn WNG 3yr bmk snr unsec RegS. Aaa/AAA/AAA. HSBC/Natx/SG(B&D/DM). Guidance MS+9 area, launch MS+8. Final books closed 6.6bn+ (incl 400m JLM). OBL 1.30% 10/27 (bid: 98.01; HR: 99%), B+41.4. FTT immediately. LEI: 222100W4EEAQ77386N50. Distribution: EZ 62%, Asia 15%, UK/CH 11%, Middle East/Africa 8%, rest of Europe 4%. Banks 41%, CB/govt/SWF 34%, FM 16%, Ins/PF 9%;

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