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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
BPCECB
BPCE SFH SA€1,500
1EMEA
Jun 1, 2026
currency
EUR
size (m)
1,500.000
maturity
Jan 10, 2033
type
Fixed
tenor
6.500
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
AAA
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-7
guidance
MS+43 area
spread
36
coupon
3.125%
spread set
-
price
99.39200
yield
3.231%
book size (m)
5,000
peak book (m)
5,000
x-covered
3.33
book attrition
0.00%
nic
0
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
5,000
peak book (m)
5,000
x-covered
3.33
book attrition
0.00%
nic
0
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 5000; Registration: Reg S Only; Comments: DBR 2.5% 11/15/32 (@98.33) +44.7bps, HR 101%. LEI: 969500T1UBNNTYVWOS04;
Deal Comments
UPDATE: Spread Set at MS+36. Max Size: EUR1.25bn-EUR1.5bn
Use of Proceeds
The Notes are issued in accordance with the EuGB Regulation and, the EuGB Factsheet Relevant Information, incorporated by reference in the Base Prospectus
Relative Value

Covered

6.5 year (Jan 2033) @ MS+43 area

Implied Spread for fresh 6.5 year @ +36

Priced at MS +36

NIC of 0


COMPS

TICKER

CPN

MATURITY

SIZE

ACASCF

3,000

16/01/2033

750

CMCICB

3,125

17/11/2032

1 250

LBPSFH

3,000

23/01/2033

1 000