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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
NYKRE
Nykredit Realkredit AS€500
1EMEA
Jan 15, 2026
currency
EUR
size (m)
500.000
maturity
Jan 21, 2038
type
Fixed Rate Reset
tenor
12.000
call
7.00
registration
Reg S Only
benchmark
Swaps
ranking
Subordinated
moody's
-
s&p
BBB
fitch
A-
size description
Will Not Grow
re-open/tap
No
ipt
MS+160-165 area
ipt-pxd
-27.5
guidance
n/a - straight to launch
spread
135
coupon
4.00%
spread set
-
price
99.94000
yield
4.01%
book size (m)
1,400
peak book (m)
2,000
x-covered
2.8
book attrition
-30.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,400
peak book (m)
2,000
x-covered
2.8
book attrition
-30.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1400; First Pay: 2027-01-21; Redemption: 2033-01-21; Registration: Reg S Only; Comments: EUR500m 12NC7 fxd-rate-reset cpn 4.00% at 99.94, yld 4.01%. Spread: MS+135. Clean-up call: 75%. Tax Call: Yes. Reset Date: 01/21/2033;
Deal Comments
Tier 2

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