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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
CMZB
Commerzbank AG€500
1EMEA
Apr 8, 2026
currency
EUR
size (m)
500.000
maturity
Apr 15, 2032
type
Fixed to Floating
tenor
6.000
call
5.00
registration
Reg S Only
benchmark
Swaps
ranking
Senior Preferred
moody's
A1
s&p
A
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-10
guidance
MS+65 area
spread
75
coupon
3.375%
spread set
-
price
99.45800
yield
3.495%
book size (m)
3,950
peak book (m)
-
x-covered
7.9
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,950
peak book (m)
-
x-covered
7.9
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3950; Redemption: 2031-04-15; Registration: Reg S Only; Comments: EUR500m 6yr NC5, fxd-to-frn cpn 3.375% at 99.458, yld 3.495%. Spread: MS+75bps. 92.6bps vs DBR 0% 02/15/31 @88.42% / HR 108%. Tax Call: Yes. Clean-Up Call: 75%. Regulatory Call: Yes. LEI: 851WYGNLUQLFZBSYGB56;