Log In
No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
ROMANI
Republic of Romania-
3EMEA
Jul 9, 2025
currency
USD
size (m)
2,000.000
maturity
Sep 16, 2030
type
Fixed
tenor
5.250
call
-
registration
144A/Reg S (Cat 1)
benchmark
-
ranking
Sr. Unsecured
moody's
Baa3
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
T+225 area
ipt-pxd
-
guidance
T+195 area
spread
185
coupon
5.750%
spread set
-
price
99.88500
yield
5.772%
book size (m)
3,800
peak book (m)
-
x-covered
1.9
book attrition
-
nic
-
billing & delivering
active leads
BAM, CTI, EGB, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,800
peak book (m)
-
x-covered
1.9
book attrition
-
nic
-
billing & delivering
active leads
BAM, CTI, EGB, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
currency
USD
size (m)
1,750.000
maturity
May 16, 2036
type
Fixed
tenor
10.750
call
-
registration
144A/Reg S (Cat 1)
benchmark
-
ranking
Sr. Unsecured
moody's
Baa3
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
T+270 area
ipt-pxd
-
guidance
T+240 area
spread
230
coupon
6.625%
spread set
-
price
99.81200
yield
6.642%
book size (m)
2,900
peak book (m)
-
x-covered
1.66
book attrition
-
nic
-
billing & delivering
active leads
BAM, CTI, EGB, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,900
peak book (m)
-
x-covered
1.66
book attrition
-
nic
-
billing & delivering
active leads
BAM, CTI, EGB, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
1,500.000
maturity
Jul 11, 2039
type
Fixed
tenor
14.000
call
-
registration
144A/Reg S (Cat 1)
benchmark
-
ranking
Sr. Unsecured
moody's
Baa3
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
Yes
ipt
MS+415 area
ipt-pxd
-
guidance
MS+385 area
spread
375
coupon
6.750%
spread set
-
price
101.86400
yield
6.53%
book size (m)
3,100
peak book (m)
-
x-covered
2.07
book attrition
-
nic
-
billing & delivering
active leads
BAM, CTI, EGB, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,100
peak book (m)
-
x-covered
2.07
book attrition
-
nic
-
billing & delivering
active leads
BAM, CTI, EGB, JPM, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3800; Registration: 144A/Reg S (Cat 1); Book size: 2900; Registration: 144A/Reg S (Cat 1); Book size: 3100; Registration: 144A/Reg S (Cat 1);
Deal Comments
Romania, acting through the Ministry of Finance (ROMANI) Baa3/BBB-/BBB- (n/n/n) US$5.51bn-equivalent 144A/Reg S (Cat 1), (Registered form, under the GMTN programme), 3-part sr notes (US$2bn due 09/16/30, US$1.75bn due 05/16/36, EUR1.5bn tap of 6.75% 07/11/39). BofA/Citi (B&D)/Erste/JPM/RBI/SG joint books. Denoms: 2,000 x 2,000 (USD tranches), 1,000 x 1,000 (EUR tap). List Lux. English law. UOP: budget deficit financing and redemption of public debt. ISIN: L5y US77586RAY62; L10y US77586RAX89; EUR 2039 tap XS3021378461. Priced 07/09. Settle 07/16. IPTs: L5y T+225bp area, L10y T+270bp area, 2039 tap MS+415bp area Guidance: L5y T+195bp area, L10y T+240bp area, 2039 tap MS+385bp area Launch: L5y $2bn at T+185bp, L10y $1.75bn at T+230bp, EUR1.5bn 2039 tap MS+375bp Books: L5y $3.8bn+, L10y $2.9bn+, 2039 tap EUR3.1bn+ Priced: $2bn 5.75% 09/16/30 99.885 5.772% T+185bp $1.75bn 6.625% 05/16/36 99.812 6.642% T+230bp EUR1.5bn 6.75% 07/11/39 101.864 6.53% MS+375bp (total outstanding EUR2bn)