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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SAB
Saudi Awwal Bank$1,250
1EMEA
Aug 27, 2025
currency
USD
size (m)
1,250.000
maturity
Sep 4, 2035
type
Fixed Rate Reset
tenor
10.000
call
5.00
registration
Reg S Only
benchmark
Tsy
ranking
Subordinated
moody's
Baa2
s&p
-
fitch
BBB
size description
-
re-open/tap
No
ipt
T+245 area
ipt-pxd
-
guidance
n/a - straight to launch
spread
220
coupon
5.947%
spread set
-
price
100.00000
yield
5.947%
book size (m)
3,400
peak book (m)
-
x-covered
2.72
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,400
peak book (m)
-
x-covered
2.72
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3400; First Pay: 2026-03-04; Redemption: 2030-09-04; Registration: Reg S Only; Comments: USD1.25bn 10NC5 cpn fxd-rate-reset 5.947% at 100, yld 5.947%. Spread: T+220bps. CT5 @ 100-18¼/ 3.747% / HR 95%. Tax Call: Yes. Non-Viability Event: Yes. LEI: 558600TQS0WENZUC5190;
Deal Comments
Tier 2 Green Notes
Use of Proceeds
To finance eligible financings or investments

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