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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
UNICZ
UniCredit Bank Czech Republic and Slovakia AS€750
1EMEA
Feb 17, 2026
currency
EUR
size (m)
750.000
maturity
Feb 24, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aa1
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
MS+42 area
ipt-pxd
-7
guidance
n/a - straight to launch
spread
35
coupon
2.75%
spread set
-
price
99.96800
yield
2.757%
book size (m)
1,850
peak book (m)
2,150
x-covered
2.47
book attrition
-13.95%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,850
peak book (m)
2,150
x-covered
2.47
book attrition
-13.95%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1850; Registration: Reg S Only; Comments: EUR750m 5yr cpn fxd 2.75% at 99.968, yld 2.757%. Spread: MS+35. DBR 0 02/15/31 DE0001102531 @89.40 (HR 106%). LEI: KR6LSKV3BTSJRD41IF75;
Deal Comments
Reoffer: 5yr: MS+35bp / 99.968 / 2.757% / B+48.6bp Benchmark: DBR 0 02/15/31 @89.40 (HR 106%) Final Books: €1.85bn (incl. €150m JLMs) Peak Books: Over €2.15bn (incl. €150m JLMs – pre-rec) Launched: 5yr: €750m @ MS+35bp - Books: Over €2.15bn (incl. €150m JLMs – pre-rec) Book Update: Over €1.9bn (incl. €150m JLMs) IPTs: 5yr: MS+42bp area Issuer: UniCredit Bank Czech Republic and Slovakia, a.s. LEI: KR6LSKV3BTSJRD41IF75 Exp. Issue Rating: Aa1 (Moody's) Issue Type: Mortgage Covered Bond, European Covered Bond (Premium), ECBC Covered Bond Label compliant Format: Reg S, Bearer form, New Global Covered Bond ("NGCB") Size: €750m Compliance: CRR Art.129 and Solvency II (intended), LCR Level 1 Eligibility: Intended to be compliant for ECB and CNB repo purposes Settlement: 24-Feb-26 (T+5) Maturity Date: 24 February 2031 (5y, soft bullet) Coupon (until Maturity Date): 2.75% Fixed, annual, ACT/ACT ICMA Coupon (if Maturity is extended): Floating, 1 month Euribor + 35bp Reoffer: MS+35bp / 2.757% / 99.968 / B+48.6bp Benchmark: DBR 0 02/15/31 DE0001102531 @89.40 (HR 106%) Listing/Law: Luxembourg Stock Exchange, Regulated Market / German law. The Mortgage Covered Bonds, although otherwise governed by, and construed in accordance with, German law, will be subject to and will benefit from certain provision of Czech law applicable to mortgage covered bonds (in Czech, hypoteční zástavní listy) ISIN: XS3300299354 Denominations: €100,000 and integral multiples of €100,000 in excess thereof Global Coordinator: UniCredit Bookrunners / Joint Leads: Danske Bank, Erste Group, Helaba, IMI – Intesa Sanpaolo, NORD/LB, Raiffeisen Bank International, and UniCredit (B&D) Documentation: Base prospectus in respect of the EUR 10bn Mortgage Covered Bond Programme dated 25 August 2025 as supplemented on 11 February 2026 (the "Base Prospectus") Target Market: Manufacturer target market (MiFID II) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in the EEA. Taxation Procedures: Gross up obligation is to apply, subject to certain exceptions described in the Base Prospectus. Investors of the Mortgage Covered Bonds will be required to follow the tax certification procedures for the Czech Republic implemented by Euroclear and Clearstream, Luxembourg, as amended or replaced from time to time, which are designed to facilitate collection of beneficial ownership information by or on behalf of the issuer and are available at the website of the International Capital Market Services Association at www.icmsa.org. See the Base Prospectus and the Final Terms for further details. Fees: The Banks will be paid a fee by the Issuer in connection with the transaction. Details of the fee may be made available to investors on request from your usual sales. Timing: TOE: 13.51 CET / 12.51 UKT // FTT: 14.15 CET / 13.15 UKT
Collateral
Mortgage Pool

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