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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
SNCF
SNCF SA (Societe Nationale SNCF SA)€500
1EMEA
Apr 10, 2026
currency
EUR
size (m)
500.000
maturity
Feb 17, 2036
type
Fixed
tenor
10.000
call
-
registration
Reg S Only
benchmark
OAT
ranking
Sr. Unsecured
moody's
A1
s&p
A
fitch
A+
size description
-
re-open/tap
No
ipt
OAT+22 area
ipt-pxd
-3
guidance
OAT+22 area
spread
19
coupon
3.875%
spread set
-
price
99.89700
yield
3.889%
book size (m)
1,600
peak book (m)
-
x-covered
3.2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,600
peak book (m)
-
x-covered
3.2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1600; Registration: Reg S Only; Comments: EUR500m short 10yr cpn fxd 3.875% at 99.897, yld 3.889%. Spread: Interp. OAT + 19bps (~Ms+82.5). MID OAT 3.50% 11/25/2035 (3.667%) & OAT 1.25% 05/25/2036 (3.737%)/ HR:101% / Interp. Yld: 3.699%. LEI: 969500A4MXJ3ESPHK698;
Use of Proceeds
To finance Green eligible investments in line with SNCF SA's Green securities framework