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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
NIPLIF
Nippon Life Insurance Co€500
1APAC
Aug 26, 2025
currency
EUR
size (m)
500.000
maturity
Sep 2, 2055
type
Fixed
tenor
30.000
call
10.00
registration
Reg S Only
benchmark
Swaps
ranking
Subordinated
moody's
A3
s&p
A-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+180 area
ipt-pxd
-
guidance
MS+147#
spread
147
coupon
4.165%
spread set
-
price
100.00000
yield
4.165%
book size (m)
4,100
peak book (m)
-
x-covered
8.2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
4,100
peak book (m)
-
x-covered
8.2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 4100; Redemption: 2035-09-02; Registration: Reg S Only; Comments: EUR500 30NC10 FXD-to-FXD cpn 4.165% at par. Spread: MS+147bps. DBR 2.6 8/35 + 142.7bp / spot : 98.80 / hr 94%. LEI: 549300Y0HHMFW3EVWY08;
Deal Comments
Tier 2
Use of Proceeds
General Corporate Purposes

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