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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
BPCEGP
BPCE SA£400
1EMEA
Feb 13, 2026
currency
GBP
size (m)
400.000
maturity
Dec 23, 2033
type
Fixed
tenor
8.000
call
7.00
registration
Reg S Only
benchmark
G
ranking
Senior Non-Preferred
moody's
Baa1
s&p
BBB+
fitch
A
size description
-
re-open/tap
No
ipt
G+130-135
ipt-pxd
-10.5
guidance
n/a - straight to launch
spread
122
coupon
5.125%
spread set
-
price
99.41600
yield
5.229%
book size (m)
1,150
peak book (m)
1,300
x-covered
2.88
book attrition
-11.54%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,150
peak book (m)
1,300
x-covered
2.88
book attrition
-11.54%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1150; First Pay: 2026-06-23; Redemption: 2032-12-23; Registration: Reg S Only; Comments: GBP400m 8NC7 cpn fxd 5.125% at 99.416, yld 5.229%. Spread: Mid Gilts +122bps. 4.250% 06/07/32 (ISIN GB0004893086) @101.327 [bid 101.307%]. LEI: 9695005MSX1OYEMGDF46. Deal Stats: By Type: FM 86%, Ins & PFs 9%, CB & OIs 3%, Banks & PBs 2%. By Region: UK 82%, Canada 8%, DACH 5%, Others 4%, SE 1%;

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