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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COMM
PRCD
CLNXSM
Cellnex Finance Co SA€1,500
2EMEA
Jan 8, 2026
currency
EUR
size (m)
750.000
maturity
Jan 19, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+115-120
ipt-pxd
-37.5
guidance
MS+85 area
spread
80
coupon
3.00%
spread set
-
price
98.49400
yield
3.332%
book size (m)
3,200
peak book (m)
4,100
x-covered
4.27
book attrition
-21.95%
nic
-
billing & delivering
active leads
BAM, BBV, CAI, DEU, ...
joint leads
CAG, ING, INS, LBW, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,200
peak book (m)
4,100
x-covered
4.27
book attrition
-21.95%
nic
-
billing & delivering
active leads
BAM, BBV, CAI, DEU, ...
joint leads
CAG, ING, INS, LBW, ...
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
750.000
maturity
Jan 19, 2036
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+160 area
ipt-pxd
-40
guidance
MS+125 area
spread
120
coupon
3.875%
spread set
-
price
98.30400
yield
4.085%
book size (m)
2,500
peak book (m)
3,700
x-covered
3.33
book attrition
-32.43%
nic
-
billing & delivering
active leads
BAM, BBV, CAI, DEU, ...
joint leads
CAG, ING, INS, LBW, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,500
peak book (m)
3,700
x-covered
3.33
book attrition
-32.43%
nic
-
billing & delivering
active leads
BAM, BBV, CAI, DEU, ...
joint leads
CAG, ING, INS, LBW, ...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3200; Registration: Reg S Only; Comments: EUR750m 5yr cpn fxd 3.00% at 98.494, yld 3.332%. Spread: MS+80 bps. DBR 2.4 11/15/30 (HR: 100%) @99.868 // B+90.4bps. Clean-up Call: 80%. Par Call: 3m. MWC: 15bps. CoC: Yes. LEI: 549300OUROMFTRFA7T23; Book size: 2500; Registration: Reg S Only; Comments: EUR750m 10yr cpn fxd 3.875% at 98.304, yld 4.085%. Spread: MS+120 bps. DBR 2.6 08/15/2035 (HR: 97%) @98.043 // B+125.1bps. Clean-up Call: 80%. Par Call: 3m. MWC: 20bps. LEI: 549300OUROMFTRFA7T23;
Guarantor(s)
Cellnex Telecom SA
Use of Proceeds
General corporate purposes including the refinancing of outstanding debt

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