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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
BKIR
Bank of Ireland Group PLC€500
1EMEA
Jan 5, 2026
currency
EUR
size (m)
500.000
maturity
Jan 12, 2038
type
Fixed Rate Reset
tenor
12.000
call
7.00
registration
Reg S Only
benchmark
Swaps
ranking
Subordinated
moody's
Baa1
s&p
BBB
fitch
BBB
re-open/tap
No
ipt
MS+170 area
ipt-pxd
-35
guidance
n/a - straight to launch
spread
135
coupon
4.00%
spread set
-
price
99.46200
yield
4.09%
book size (m)
2,400
peak book (m)
4,250
x-covered
4.8
book attrition
-0.44%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,400
peak book (m)
4,250
x-covered
4.8
book attrition
-0.44%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2400; First Pay: 2027-01-12; Redemption: 2033-01-12; Registration: Reg S Only; Comments: EUR500m 12NC7 Green Tier 2, cpn 4% at 99.462, yld 4.090%. Spread: MS+135. DBR 2.3 02/15/33 @97.56 (HR: 95%) B+140.9bps. Clean-Up Call: 75%. Tax Call: Yes. LEI: 635400C8EK6DRI12LJ39;
Deal Comments
Tier 2 Green Notes
Use of Proceeds
For the purposes of financing and/or refinancing Eligible Assets as described in the Issuer’s Green Bond Framework, which is available on the website of the Issuer alongside the Second Party Opinion

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