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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
ROMANI
Republic of Romania-
3EMEA
Feb 25, 2026
currency
EUR
size (m)
2,250.000
maturity
Mar 4, 2033
type
Fixed
tenor
7.000
call
-
registration
144A/Reg S (Cat 1)
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa3
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+250 area
ipt-pxd
-40
guidance
MS+220 area
spread
210
coupon
4.625%
spread set
-
price
99.92400
yield
4.638%
book size (m)
5,300
peak book (m)
7,000
x-covered
2.36
book attrition
-24.29%
nic
-
billing & delivering
active leads
-
joint leads
BAM, DEU, EGB, ING, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
5,300
peak book (m)
7,000
x-covered
2.36
book attrition
-24.29%
nic
-
billing & delivering
active leads
-
joint leads
BAM, DEU, EGB, ING, ...
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
750.000
maturity
Sep 24, 2044
type
Fixed
tenor
8.750
call
-
registration
144A/Reg S (Cat 1)
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa3
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
Yes
ipt
MS+325 area
ipt-pxd
-30
guidance
MS+300 area
spread
295
coupon
6.00%
spread set
-
price
100.33300
yield
5.966%
book size (m)
1,900
peak book (m)
2,500
x-covered
2.53
book attrition
-24.00%
nic
-
billing & delivering
active leads
-
joint leads
BAM, DEU, EGB, ING, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,900
peak book (m)
2,500
x-covered
2.53
book attrition
-24.00%
nic
-
billing & delivering
active leads
-
joint leads
BAM, DEU, EGB, ING, ...
passive leads
-
co-managers
-
coordinating managers
-
currency
USD
size (m)
2,000.000
maturity
Jul 4, 2036
type
Fixed
tenor
10.500
call
-
registration
144A/Reg S (Cat 1)
benchmark
10yr Tsy
ranking
Sr. Unsecured
moody's
Baa3
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
T+210 area
ipt-pxd
-40
guidance
T+180 area
spread
170
coupon
5.75%
spread set
-
price
99.95600
yield
5.75%
book size (m)
5,700
peak book (m)
7,100
x-covered
2.85
book attrition
-19.72%
nic
-
billing & delivering
active leads
-
joint leads
BAM, DEU, EGB, ING, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
5,700
peak book (m)
7,100
x-covered
2.85
book attrition
-19.72%
nic
-
billing & delivering
active leads
-
joint leads
BAM, DEU, EGB, ING, ...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 5300; Registration: 144A/Reg S (Cat 1); Comments: DBR+216.7; Book size: 1900; Registration: 144A/Reg S (Cat 1); Comments: DBR+276.4; Book size: 5700; First Pay: 2027-01-04; Registration: 144A/Reg S (Cat 1);
Use of Proceeds
For budget deficit financing and redemption of public debt