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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
CMARK
Arkea Home Loans SFH SA€750
1EMEA
Apr 28, 2026
currency
EUR
size (m)
750.000
maturity
Feb 16, 2032
type
Fixed
tenor
5.750
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
AAA
re-open/tap
No
ipt
-
ipt-pxd
-6
guidance
MS+39 area
spread
33
coupon
3.25%
spread set
-
price
99.92600
yield
3.266%
book size (m)
2,500
peak book (m)
-
x-covered
3.33
book attrition
-
nic
-7
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,500
peak book (m)
-
x-covered
3.33
book attrition
-
nic
-7
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2500; Registration: Reg S Only; Comments: 44.8bps vs DBR 0% 02/15/2032 @85.12 HR: 108%. LEI: 9695003L69OAFQ15LD18;
Use of Proceeds
General Corporate Purposes
Relative Value

5.8 year CB @ Guidance MS+39 area

Priced at MS+33

NIC of -7


COMPS

Ticker

Rating (M/S&P/F)

Coupon

Maturity

Outstanding (EUR mn)

I Spread

Issue dt.

Tenor

ACACB

Aaa / AAA / AAA

2.750%

18-Jul-31

€1,250mm

25bp

Feb-26

5.2yr

CMCICB

Aaa / AAA / AAA

2.625%

10-Sep-31

€1,250mm

27bp

Feb-26

5.4yr

LBPSFH

NR / AAA / NR

2.750%

12-Jun-32

€1,000mm

32bp

Jun-25

6.1yr

CMCICB

Aaa / AAA / AAA

3.125%

17-Nov-32

€1,250mm

36bp

Apr-26

6.6yr