No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
TECH
PRCD
NOKIA
Nokia Corp€1,000
2EMEA
May 6, 2020
currency
EUR
size (m)
500.000
maturity
May 15, 2025
type
Fixed
tenor
5.000
call
0.00
registration
Reg S Only
benchmark
-
ranking
-
moody's
Ba2
s&p
BB+
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+335bp area
ipt-pxd
-
guidance
MS+290bp area
spread
317.5
coupon
2.375%
spread set
-
price
99.65100
yield
2.450%
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
-
currency
EUR
size (m)
500.000
maturity
May 15, 2028
type
Fixed
tenor
8.000
call
0.00
registration
Reg S Only
benchmark
-
ranking
-
moody's
Ba2
s&p
BB+
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+395bp area
ipt-pxd
-
guidance
MS+355bp area
spread
377.5
coupon
3.125%
spread set
-
price
99.79100
yield
3.155%
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
Registration: Reg S Only; Comments: 05/06/2020 Nokia Corp (NOKIA) EUR1bn Reg S only bearer sr notes 2-part. Ba2/BB+/BBB- (stable/negative/stable). Via Citi/GS (B&D)/Nordea joint books. Off EMTN programme. List Euronext Dublin. English Law. EUR100k+EUR1k. Coupon: fixed, annual, act/act. Settles May 15 (T+7). - EUR500m (WNG) due 15-May-2025 (5y). NCL (MWC B+50bp) (3mo par call). ISIN: XS2171759256. IPT: MS +335bp area. Guidance: MS+290bp area. Final terms: MS+275bp. Priced: 2.375% at 99.651, yield 2.45%. MS+275bp. +317.5bp vs OBL 0% April 2025. - EUR500m (WNG) due 15-May-2028 (8y). NCL (MWC B+60b) (3mo par call). ISIN: XS2171872570. IPT: MS +395bp area. Guidance: MS+355bp area. Final terms: MS+335bp. Priced: 3.125% at 99.791, yield 3.155%. MS+335bp. +377.5bp vs DBR 0.5% Feb 2028. Combined books: approx EUR6.2bn at guidance, pre rec (5y EUR3.3bn and 8y EUR2.9bn). Books went subject at 12:35pm UKT 05/06. UOP: fund tender offer for its EUR500m 1% sr notes due 15-March-2021 (XS1577727164) at EUR1,003.01, Barc/Citi/GS dealer managers, and for GCP. Biz: global communications co. HQ: Helsinki, Finland.; Registration: Reg S Only; Comments: 05/06/2020 Nokia Corp (NOKIA) EUR1bn Reg S only bearer sr notes 2-part. Ba2/BB+/BBB- (stable/negative/stable). Via Citi/GS (B&D)/Nordea joint books. Off EMTN programme. List Euronext Dublin. English Law. EUR100k+EUR1k. Coupon: fixed, annual, act/act. Settles May 15 (T+7). - EUR500m (WNG) due 15-May-2025 (5y). NCL (MWC B+50bp) (3mo par call). ISIN: XS2171759256. IPT: MS +335bp area. Guidance: MS+290bp area. Final terms: MS+275bp. Priced: 2.375% at 99.651, yield 2.45%. MS+275bp. +317.5bp vs OBL 0% April 2025. - EUR500m (WNG) due 15-May-2028 (8y). NCL (MWC B+60b) (3mo par call). ISIN: XS2171872570. IPT: MS +395bp area. Guidance: MS+355bp area. Final terms: MS+335bp. Priced: 3.125% at 99.791, yield 3.155%. MS+335bp. +377.5bp vs DBR 0.5% Feb 2028. Combined books: approx EUR6.2bn at guidance, pre rec (5y EUR3.3bn and 8y EUR2.9bn). Books went subject at 12:35pm UKT 05/06. UOP: fund tender offer for its EUR500m 1% sr notes due 15-March-2021 (XS1577727164) at EUR1,003.01, Barc/Citi/GS dealer managers, and for GCP. Biz: global communications co. HQ: Helsinki, Finland.;

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow