No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COMM
PRCD
EWE
EWE AG€500
1EMEA
May 20, 2026
currency
EUR
size (m)
500.000
maturity
May 28, 2034
type
Fixed
tenor
8.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Baa1
s&p
-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+120-125
ipt-pxd
-32.5
guidance
n/a - straight to launch
spread
90
coupon
3.875%
spread set
-
price
99.14500
yield
4.002%
book size (m)
1,100
peak book (m)
1,600
x-covered
2.2
book attrition
-31.25%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
book size (m)
1,100
peak book (m)
1,600
x-covered
2.2
book attrition
-31.25%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
Tranche Comments
Book size: 1100; Registration: Reg S Only; Comments: 96.5bps vs. DBR 2.2 02/15/34 @94.3 / 3.037% (HR: 102%). Tax Call: Yes. Par Call: 3m. Clean-Up Call: 80%. LEI: 529900L64X6KZZW19R71;
Use of Proceeds
The net proceeds of the issue of notes will be used to finance or refinance Eligible Green Projects in accordance with the EWE Green Finance Framework, published in April 2026
Relative Value

COMPS

EWE AG Bonds

Rating

Coupon

Maturity

Tenor

Size

I-sprd

Notes

 

Baa1/-/-

0.25%

Jun-28

2.1y

€500m

38

(Green)

 

Baa1/-/-

0.38%

Oct-32

6.4y

€500m

75

 

 

Utility 8Y Secondaries

Issuer

Rating

Coupon

Maturity

Tenor

Size

I-sprd

Notes

EOANGR

Baa2/BBB+/A-

3.45%

Jan-34

7.7y

€750m

74

 

ENGIFP

Baa1/BBB+/A-

3.88%

Dec-33

7.6y

€900m

77

(Green)

ENBW

Baa1/A-/-

4.30%

May-34

8.0y

€850m

79

(Green)

NGGLN

Baa1/BBB+/A-

3.56%

Feb-34

7.7y

£650m

80

(Green)

RWE

Baa2/-/BBB+

4.13%

Feb-35

8.7y

€500m

82

(Green)

VGASDE

-/BBB+/-

0.50%

Sep-34

8.3y

€500m

83

 

SSELN

Baa1/BBB+/A

3.38%

Nov-33

7.5y

€750m

84

(Green)

EUROGR

-/BBB/-

3.92%

Feb-34

7.7y

€800m

89

(Green)