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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
EUROB
Eurobank SA€700
1EMEA
May 18, 2026
currency
EUR
size (m)
700.000
maturity
May 25, 2032
type
Fixed Rate Reset
tenor
6.000
call
5.00
registration
Reg S Only
benchmark
Swaps
ranking
Senior Preferred
moody's
Baa1
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+125 area
ipt-pxd
-28
guidance
n/a - straight to launch
spread
97
coupon
3.875%
spread set
-
price
99.76800
yield
3.927%
book size (m)
2,700
peak book (m)
2,700
x-covered
3.86
book attrition
0.00%
nic
5
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,700
peak book (m)
2,700
x-covered
3.86
book attrition
0.00%
nic
5
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2700; First Pay: 2027-05-25; Redemption: 2031-05-25; Registration: Reg S Only; Comments: 99.768 / OBL193 + 110.2 / spot: 98.51. HR 99%. Tax Call: Yes. Clean-Up Call: 75%. Regulatory Call: Yes. LEI: 213800KGF4EFNUQKAT69;
Deal Comments
UPDATE: Spread Set at MS+97#
Use of Proceeds
General Financing Requirements
Relative Value

Senior Preferred

6NC5 (May 2032) @ MS+125 area

Implied Spread for fresh 6 year @ +92

Priced at MS +97

NIC of +5


4.875% 30th April 2031 Snr Pref i-spread @ +82.5

4.0% 7th Feb 2036 Snr Pref i-spread @ +125