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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
INDS
PRCD
SPIEFP
SPIE SA€600
1EMEA
May 6, 2026
currency
EUR
size (m)
600.000
maturity
May 18, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
BB+
fitch
BBB-
size description
-
re-open/tap
No
ipt
4.50% area
ipt-pxd
-55
guidance
4.125% area
spread
112.3
coupon
3.875%
spread set
-
price
99.66600
yield
3.95%
book size (m)
1,300
peak book (m)
2,800
x-covered
2.17
book attrition
-53.57%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
book size (m)
1,300
peak book (m)
2,800
x-covered
2.17
book attrition
-53.57%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
Tranche Comments
Book size: 1300; Registration: Reg S Only; Comments: OBL 2.5% April 31 (#193) +125.7bp (99.099). Par Call: 3m. MWC: B+20. CoC: Yes. Clean-Up Call: 75%. LEI: 969500TJNS5GSFWJ8X85;
Deal Comments
Exp Size: EUR500m. This deal was upsized from EUR500m to EUR600m
Use of Proceeds
General Corporate Purposes
Relative Value

COMPS

SPIEFP

-/BB+/BBB-

28/05/2030

3,750%

€ 600 Mn

97

3,87

NEXFP

-/BB+/-

11/03/2030

4,250%

€ 350 Mn

98

3,87

CCK

Ba1/BB+/-

15/01/2030

4,500%

€ 600 Mn

115

4,03

CCK

Ba1/BB+/-

30/09/2031

3,750%

€ 500 Mn

120

4,09

HUHTAM

-/-/BBB-

04/09/2031

3,500%

€ 300 Mn

95

3,88

ELISGP

Baa3/BBB-/-

02/09/2031

3,375%

€ 350 Mn

87

3,80

ELISGP

Baa3/BBB-/-

23/03/2032

3,875%

€ 600 Mn

102

3,97