| C/P | Industry | Status | Ticker(s) | Issuer(s) | Size(m) | Tranches | Region | Date | |
|---|---|---|---|---|---|---|---|---|---|
IGC | FNCL | PRCD | WSTPNZ | Westpac Securities NZ Ltd (London Branch) | €750 | 1 | APAC | May 7, 2026 |
Covered
5 year (May 2031) @ IPTs of MS+39 area
Implied Spread for fresh 5 year @ +31
Priced at MS +32
NIC of +1
COMPS | |||||||
Ticker | Coupon | Rating (M/F) | Pricing Date | Maturity Date | YTM | Mid I+ | Size (€) |
WSTP | 3.12% | Aaa/AAA | Mar-26 | Jan-31 | 4.7 | 29 | €1bn |
ASBBNK | 2.76% | Aaa/AAA | Feb-26 | Aug-31 | 5.3 | 29 | €500mn |
| PRICED: Westpac NZ €750m 5yr CB; MS+32bp | May 7, 2026 | |
| ALLOCATIONS OUT: Westpac NZ €750m 5yr CB; MS+32bp | May 7, 2026 | |
| LAUNCHED: Westpac NZ €750m 5yr CB; MS+32bp | May 7, 2026 | |
| UPDATE (BOOKS): Westpac NZ € bmk 5yr CB; MS+39a | May 7, 2026 | |
| NEW ISSUE: Westpac NZ € bmk 5yr CB; MS+39a | May 7, 2026 |