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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
Q
Province of Quebec€1,750
1USOA
Apr 16, 2026
currency
EUR
size (m)
1,750.000
maturity
Apr 23, 2041
type
Fixed
tenor
15.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Aa2
s&p
A+
fitch
AA-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-2
guidance
MS+70 area
spread
68
coupon
3.875%
spread set
-
price
99.81000
yield
3.892%
book size (m)
7,300
peak book (m)
-
x-covered
4.17
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
7,300
peak book (m)
-
x-covered
4.17
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 7300; Registration: Reg S Only; Comments: EUR1.75bn 15yr fxd cpn 3.875% at 99.81, yld 3.892%. Spread: MS+68bps. 52.4bps vs DBR 2.6 May 2041 @ 91.04% HR: 101%;
Deal Comments
UPDATE: Spread Set at MS+68