| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
IGC | COND | PRCD | VLVY | Volvo Treasury AB | €500 | 1 | EMEA | Apr 28, 2026 |
3 year @ IPTs of MS+75bp area
Implied i-Spread for fresh 3 year @ +47
Outstanding: i-spreads
3.125% 8th Feb 2029 @ +34
3.125% 26th Aug 2029 @ +45
3.25% 11th Feb 2033 @ +70
Priced at MS+42
NIC of -5
COMPS | ||||||||
Issuer | Rating | Coupon | Size (€m) | Issue Dt. | Maturity | Years to Mat | Bid-Yield | Z-Sprd |
VLVY | A2 / A / - | 3.125% | 500 | Jan-24 | Feb-29 | 2.8 | 3.124% | +34 |
VLVY | A2 / A / - | 3.125% | 500 | Aug-24 | Aug-29 | 3.3 | 3.258% | +45 |
VLVY | A2 / A / - | 3.000% | 500 | May-25 | May-30 | 4.1 | 3.264% | +45 |
VLVY | A2 / A / - | 3.250% | 500 | Feb-26 | Feb-33 | 6.8 | 3.647% | +70 |
TOYOTA | A1 / A+ / - | 3.125% | 500 | Jan-24 | Jul-29 | 3.2 | 3.240% | +43 |
TOYOTA | A1 / A+ / - | 3.250% | 750 | Apr-26 | Apr-30 | 4.0 | 3.370% | +54 |
TOYOTA | A1 / A+ / A+ | 3.125% | 800 | Jan-26 | Apr-32 | 6.0 | 3.530% | +62 |
BMW | A2 / A / - | 2.625% | 1,000 | Jan-26 | Jan-29 | 2.8 | 3.174% | +37 |
BMW | A2 / A / - | 3.250% | 650 | Jan-26 | Jan-32 | 5.7 | 3.591% | +69 |
BMW | A2 / A / - | 3.750% | 650 | Jan-26 | Jan-36 | 9.7 | 4.025% | +95 |
PCAR | A1 / A+ / - | 2.750% | 350 | May-25 | May-28 | 2.1 | 3.118% | +32 |
PCAR | A1 / A+ / - | 2.500% | 300 | Oct-25 | Nov-28 | 2.5 | 3.154% | +36 |