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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
TECH
PRCD
IFXGR
Infineon Technologies AG€2,000
3EMEA
Feb 9, 2026
currency
EUR
size (m)
750.000
maturity
Feb 16, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
MS+90 area
ipt-pxd
-32
guidance
MS+60 area
spread
58
coupon
3.00%
spread set
-
price
99.69800
yield
3.066%
book size (m)
1,650
peak book (m)
2,300
x-covered
2.2
book attrition
-28.26%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,650
peak book (m)
2,300
x-covered
2.2
book attrition
-28.26%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
750.000
maturity
Feb 16, 2034
type
Fixed
tenor
8.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
MS+110 area
ipt-pxd
-30
guidance
MS+85 area
spread
80
coupon
3.50%
spread set
-
price
99.88300
yield
3.517%
book size (m)
1,950
peak book (m)
2,700
x-covered
2.6
book attrition
-27.78%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,950
peak book (m)
2,700
x-covered
2.6
book attrition
-27.78%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
500.000
maturity
Feb 16, 2037
type
Fixed
tenor
11.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
MS+130 area
ipt-pxd
-37
guidance
MS+100 area
spread
93
coupon
3.75%
spread set
-
price
99.26600
yield
3.833%
book size (m)
1,500
peak book (m)
3,000
x-covered
3
book attrition
-50.00%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,500
peak book (m)
3,000
x-covered
3
book attrition
-50.00%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1650; Registration: Reg S Only; Comments: EUR750m 5yr cpn fxd 3.00% at 99.698, yld 3.066%. Spread: MS+58bp. DBR 0 02/31 (@88.955) +70.3bp, HR 105%. CoC: Yes. Tax Call: Yes. Clean-up Call: 75%. MWC: B+10. Par Call: 1m. LEI: TSI2PJM6EPETEQ4X1U25; Book size: 1950; Registration: Reg S Only; Comments: EUR750m 8yr cpn fxd 3.50% at 99.883, yld 3.517%. Spread: MS+80bp. DBR 2.2 02/34 (@96.53) +83.0bp, HR 98%. CoC: Yes. Tax Call: Yes. Clean-up Call: 75%. MWC: B+15. Par Call: 3m. LEI: TSI2PJM6EPETEQ4X1U25; Book size: 1500; Registration: Reg S Only; Comments: EUR500m 11yr cpn fxd 3.75% at 99.266, yld 3.833%. Spread: MS+93bp. DBR 4 01/37 (@109.95) +91.3bp, HR 90%. CoC: Yes. Tax Call: Yes. Clean-up Call: 75%. MWC: B+15. Par Call: 3m. M&A Call: 101%. LEI: TSI2PJM6EPETEQ4X1U25;
Deal Comments
Reoffer: 5yr: MS+58bp / 99.698 / 3.066% 8yr: MS+80bp / 99.883 / 3.517% 11yr: MS+93bp / 99.266 / 3.833% Benchmark: 5yr: DBR 0 Feb-31 @ 88.955 / B+70.3bp / HR 105% 8yr: DBR 2.2 Feb-34 @ 96.53 / B+83.0bp / HR 98% 11yr: DBR 4 Jan-37 @ 109.95 / B+91.3bp / HR 90% Tranche 1 (5yr): Final Books €1.65bn. Peak book > €2.3bn Tranche 2 (8yr): Final Books €1.95bn. Peak book > €2.7bn Tranche 3 (11yr): Final Books €1.5bn. Peak book > €3.0bn Launched: 5yr: €750m @ MS+58bp - Books > €2.3bn 8yr: €750m @ MS+80bp - Books > €2.7bn 11yr: €500m @ MS+93bp - Books > €3.0bn IPTs: 5yr: MS+90a 8yr: MS+110a 11yr: MS+130a Issuer: Infineon Technologies AG (Ticker: IFXGR, Country: Germany) Issuer LEI: TSI2PJM6EPETEQ4X1U25 Issuer Rating: BBB+ (stable) by S&P Exp. Issue Rating: BBB+ by S&P Format: Senior, unsecured, Reg S Bearer, Tefra D, NGN Trade Date: 09-Feb-26 Settlement Date: 16-Feb-26 (T+5) Size: 5yr: €750m 8yr: €750m 11yr: €500m Maturity: 5yr: 16-Feb-31 8yr: 16-Feb-34 11yr: 16-Feb-37 Reoffer: 5yr: MS+58bp / 3.066% / 99.698 8yr: MS+80bp / 3.517% / 99.883 11yr: MS+93bp / 3.833% / 99.266 Coupon: 5yr: 3.000% Fxd, Ann., ACT/ACT ICMA 8yr: 3.500% Fxd, Ann., ACT/ACT ICMA 11yr: 3.750% Fxd, Ann., ACT/ACT ICMA MWC: 5yr: B+10 8yr: B+15 11yr: B+15 ISIN: 5yr: XS3296961975 8yr: XS3296963591 11yr: XS3296963674 TOE: 5yr: 16.14 UKT 8yr: 16.13 UKT 11yr: 16.12 UKT Par Call: 5yr: 1m 8yr: 3m 11yr: 3m M&A Call: 5yr: No 8yr: No 11yr: Yes (optional), at 101% of the Aggregate Principal Amount in case the acquisition of the non-optical analog/mixed-signal sensor portfolio from ams OSRAM Group has not closed prior to 30-Jun-26 Docs: Debt Issuance Programme dated 04-Feb-26 / Lux. Listing Regulated Market / German Law / €100k+100k / Make-Whole Call / CoC / Tax Call / Clean-up Call (75%) Selling Restrictions: As per Debt Issuance Programme UoP: Refinancing of existing debt, financing of the acquisition of the non-optical analog/mixed-signal sensor portfolio from ams OSRAM Group, and general corporate purposes Target Market: Eligible counterparties and professional clients only, each as defined in MiFID II and UK MiFIR (all distribution channels). No UK PRIIPs or EU PRIIPs KID has been prepared as not available to retail in the UK, the EEA or elsewhere Global Coordinators: Deutsche Bank, J.P. Morgan (B&D) Joint Bookrunners: BNP PARIBAS, Citigroup, Deutsche Bank, Goldman Sachs Bank Europe SE, J.P. Morgan (B&D), UniCredit Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Base Prospectus is available and the Final Terms, when published, will be available at: https://www.luxse.com/programme/Programme-InfineoTechnolo/14665 FTT: 16.45 UKT
Use of Proceeds
Refinancing of existing debt, financing of the acquisition of the non-optical analog/mixed-signal sensor portfolio from ams OSRAM Group, and general corporate purposes

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