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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
BKUSAV
BKS Bank AG€250
1EMEA
May 27, 2026
currency
EUR
size (m)
250.000
maturity
Jun 3, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Senior Preferred
moody's
-
s&p
BBB+
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+155 area
ipt-pxd
-25
guidance
n/a - straight to launch
spread
130
coupon
4.00%
spread set
-
price
99.54300
yield
4.103%
book size (m)
425
peak book (m)
475
x-covered
1.7
book attrition
-10.53%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
book size (m)
425
peak book (m)
475
x-covered
1.7
book attrition
-10.53%
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
Tranche Comments
Book size: 425; Registration: Reg S Only; Comments: OBL 2 ½ 31 #193 +142.8bps (@99.19), HR 98%. LEI: 529900B9P29R8W03IX88;
Use of Proceeds
Use of Proceeds will be allocated by the Issuer to Eligible Green Projects as set out in the Sustainable Bond Framework
Relative Value

COMPS

Ticker

Country

Rank

Size (EUR)

Rating (M/S/F)

Coupon

Issued

Maturity

Call Date

Structure

I-BID

ESG

BKUSAV

AT

Sr Preferred

250mn

-/BBB+/-

3.75%

Jun-25

Jun-30

-

4Y

107

-

ERSTBK

AT

Sr Preferred

750mn

A1/A+/A

3.38%

May-26

May-31

May-30

5NC4

59

-

HYNOE

AT

Sr Preferred

500mn

A2/-/-

3.38%

Apr-26

Apr-30

-

3.9Y

72

Green

RFLBNI

AT

Sr Preferred

500mn

A2/-/-

3.38%

Jan-26

Feb-32

Feb-31

5.7NC4.7

94

Green

BNSELL

IT

Sr Unsecured

300mn

-/BBB-/-

3.67%

Apr-26

Apr-31

Apr-30

4.9NC3.9

90

-

LANBNN

IS

Sr Preferred

300mn

-/A-/-

4.00%

May-26

May-31

-

5Y

104

Green

BOCYCY

CY

Sr Preferred

300mn

Baa3/-/-

3.88%

May-26

May-31

May-30

5NC4

105

-

ERSTEI

HR

Sr Preferred

400mn

-/-/A-

4.13%

May-26

May-32

May-31

6NC5

112

-