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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
SPGB
Kingdom of Spain€4,000
1EMEA
Sep 24, 2024
currency
EUR
size (m)
4,000.000
maturity
Nov 30, 2036
type
Fixed
tenor
12.000
call
-
registration
144A/Reg S
benchmark
SPGB
ranking
Sr. Unsecured
moody's
Baa1
s&p
A
fitch
A-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
SPGB+23
spread
22
coupon
1.15%
spread set
-
price
99.51200
yield
1.193%
book size (m)
51,000
peak book (m)
-
x-covered
12.75
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
51,000
peak book (m)
-
x-covered
12.75
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
12 yr: Book size: 51000; Registration: 144A/Reg S; Comments: EUR4bn Nov 2036 SPGBei bmk RegS/144A linker (Euro HICP ex-tobacco). Baa1/A/A-/A/A. Citi/CA-CIB/GS/MS(B&D/DM)/Santan/SG. Guidance SPGBei 11/33 RY+25bps, revised +23bps (+/-1 WPIR), set RY+22, launch 4bn. Books 51bn+ (incl 4.7bn JLM) , HR 108% vs SPGBei 0.7% 11/33 RY+22bps (97.614 / 0.973% RY). FTT. Distribution: Fr/It 20.3%, UK/IE 13.9%, Asia 11.8%, Nordic 11.4%, other EU 11.4%, Spain 11.2%, Middle East 10.5%, DE/AT/CH 6.9%, US/Canada 2.5%, other 0.1%. CB/OI 30.5%, ins/PF 23.8%, FM 19.5%, bank treasury 13.4%, other banking 5.6%, HF 3.4%, other 3.8%.;

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