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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
CONS
PRCD
ROQFRE
Roquette Freres SA€600
1EMEA
Apr 14, 2026
currency
EUR
size (m)
600.000
maturity
-
type
Fixed Rate Reset
tenor
Perp
call
6.00
registration
Reg S Only
benchmark
-
ranking
Jr. Subordinated
moody's
-
s&p
BB+
fitch
-
size description
-
re-open/tap
No
ipt
6.375% area
ipt-pxd
-37.5
guidance
n/a - straight to launch
spread
-
coupon
6.00%
spread set
-
price
100.00000
yield
6.00%
book size (m)
2,800
peak book (m)
-
x-covered
4.67
book attrition
-
nic
-
billing & delivering
active leads
BNP, CAG, CRC, GSC, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
book size (m)
2,800
peak book (m)
-
x-covered
4.67
book attrition
-
nic
-
billing & delivering
active leads
BNP, CAG, CRC, GSC, ...
joint leads
-
passive leads
-
co-managers
-
coordinating managers
Tranche Comments
Book size: 2800; First Pay: 2027-04-21; Registration: Reg S Only; Comments: EUR600m PNC6, Hybrid fxd-rate-reset cpn 6% at 100, yld 6%. Back-End Spread: MS+309.8bps. 282.2bps vs. FRTR 0 11/31 (@83.900) / 322.5bps vs. DBR 0 02/32 (@85.235). Tax Call: Yes. Par Call: 3m. MWC: OAT+45. CoC: Yes. Clean-Up Call: 75%. Regulatory Call: Yes. Reset Date: 04/21/2032. LEI: 969500FO141C5967KC72;
Deal Comments
Hybrid Bond
Use of Proceeds
General Corporate Purposes