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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
ICO
Instituto de Credito Oficial (ICO)€500
1EMEA
May 12, 2026
currency
EUR
size (m)
500.000
maturity
Oct 31, 2031
type
Fixed
tenor
5.500
call
-
registration
Reg S Only
benchmark
SPGB
ranking
Sr. Unsecured
moody's
A3
s&p
A+
fitch
A
size description
Will Not Grow
re-open/tap
No
ipt
-
ipt-pxd
-5
guidance
SPGB+9 area; RVSD: SPGB+6 area
spread
4
coupon
3.05%
spread set
-
price
99.87800
yield
3.077%
book size (m)
3,300
peak book (m)
-
x-covered
6.6
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
3,300
peak book (m)
-
x-covered
6.6
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 3300; Registration: Reg S Only; Comments: SPGB 0.5% October 31st 2031 (MID @87.396% / 3.037%);
Guarantor(s)
Kingdom of Spain
Use of Proceeds
Net proceeds will be allocated to finance and/or refinance new and/or existing projects from Green Categories in accordance with ICO’s Green Bond Framework