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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
FNCL
PRCD
ONSUN
Color Group ASkr800
1EMEA
Oct 29, 2024
currency
NOK
size (m)
800.000
maturity
-
type
Floating
tenor
-
call
-
registration
-
benchmark
3mN
ranking
Subordinated
moody's
-
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
3mN+425
ipt-pxd
-
guidance
-
spread
400
coupon
3mN+400
spread set
-
price
100.00000
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
P NC 3.5: First Pay: 2025-02-12; Redemption: 2028-05-12; Comments: NOK800m PNC3.5 hybrid FRN. Arctic/Danske/DNB/Nordea(B&D)/SEB. IPTs 3mN+425 for max 800m. Books covered by IOIs at guidance, launch 800m at 3mN+400. Books covered at final pricing pre close With buyback of NO0010893340. 500bp step if not called. Reset Date: 2028-05-12. Tax Call: Yes. LEI: 5967007LIEEXZX8PUW90;
Deal Comments
Hybrid Bond
Guarantor(s)
Color Line AS
Use of Proceeds
Refinancing and general corporate purposes

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