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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
TENNNL
TenneT Netherlands BV€2,000
1EMEA
Mar 25, 2026
currency
EUR
size (m)
2,000.000
maturity
Apr 1, 2036
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Aaa
s&p
AAA
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-4
guidance
MS+31 area; RVSD MS+28 area
spread
27
coupon
3.25%
spread set
-
price
99.59700
yield
3.298%
book size (m)
6,800
peak book (m)
7,100
x-covered
3.4
book attrition
-4.23%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
6,800
peak book (m)
7,100
x-covered
3.4
book attrition
-4.23%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 6800; First Pay: 2027-04-01; Registration: Reg S Only; Comments: EUR2bn 10yr Green fxd cpn 3.25% at 99.597, yld 3.298%. Spread: MS+27. DBR 2.9 02/15/36 @ 99.421 / b+33.1bps (HR: 99%). LEI: 724500N24X9VLIRO3K10;
Guarantor(s)
State of the Netherlands
Use of Proceeds
Refinance Eligible Green Investments, as set out in the Issuer’s Green Financing Framework