EM
Emerging Markets
APICareer PortalPricing
No results found for "".
Asset Backed Securities
Financials
Multi-line Insurance
Parent Companies
Mapfre SA
Mapfre SA

Mapfre SA (MAPSM)

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
MAPSM
Mapfre SA€500
1EMEA
Jun 1, 2026
currency
EUR
size (m)
500.000
maturity
Jun 9, 2037
type
Fixed Rate Reset
tenor
11.000
call
10.00
registration
Reg S Only
benchmark
Swaps
ranking
Subordinated
moody's
-
s&p
BBB
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+175-180
ipt-pxd
-32.5
guidance
n/a - straight to launch
spread
145
coupon
4.50%
spread set
-
price
99.96800
yield
4.504%
book size (m)
2,500
peak book (m)
2,600
x-covered
5
book attrition
-3.85%
nic
-
billing & delivering
CTI
active leads
BRC,CTI
joint leads
BAM,BBV,BRC,CAG,...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,500
peak book (m)
2,600
x-covered
5
book attrition
-3.85%
nic
-
billing & delivering
CTI
active leads
BRC,CTI
joint leads
BAM,BBV,BRC,CAG,...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2500; Redemption: 2035-12-09; Registration: Reg S Only; Comments: DBR 2.90% 02/15/2036 + 147.8bps (98.940%) HR: 95.2%. Tax Call: Yes. Clean-Up Call: 75%. Regulatory Call: Yes. LEI: 95980020140005693107;
Deal Comments
UPDATE: Spread Set at MS+145#
Use of Proceeds
The net proceeds of the Notes will be used for the general financing purposes of the Issuer and/or the Group (including the tender offer for the outstanding)
Relative Value

COMPS

Insurance Senior Comps

Rating

Years

I-Spread

MAPSM 3 5/8 01/20/36

(- / A-/ - )

9.6

84

Bullet Tier2 Comps

 

 

 

GIM 4.135 06/18/36

(Baa1/ - / A-)

10.1

130

ISPVIT 4.217 03/05/35

(- / - / BBB)

8.8

132

Hide Details

Commentary

All Commentary
CreditFlow: End of Day (Europe IG)Jun 1, 2026
1 to 1 of 1

Deal Flow

All Deal Flow
PRICED: Mapfre €500m 11NC10 T2; MS+145bpJun 1, 2026
ALLOCATIONS OUT: Mapfre €500m 11NC10 T2; MS+145bpJun 1, 2026
LAUNCHED: Mapfre €500m 11NC10 T2; MS+145bpJun 1, 2026
UPDATE (BOOKS): Mapfre €500m (WNG) 11NC10 T2; MS+175/180bpJun 1, 2026
NEW ISSUE: Mapfre €500m (WNG) 11NC10 T2; MS+175/180bpJun 1, 2026
1 to 5 of 5
COMPANY
About
Careers
Contact
Solutions
CREDITFLOW
API Overview
API Documentation
Global Issuers List
Global Parents List
Pricing
OpenMarket Profiles
PRODUCTS
Career Portal
CapEdge
CreditFlow
Deal Roadshow
DealVDR
Evercall
More
SALES & SUPPORT
Americas
+1 888 997 6610
APAC
+852 3018 1600
EMEA
+44 80817 87364
support@creditflowresearch.com
About
Careers
Contact
Solutions
API Overview
API Documentation
Global Issuers List
Global Parents List
Pricing
OpenMarket Profiles
Career Portal
CapEdge
CreditFlow
Deal Roadshow
DealVDR
Evercall
More
Americas
+1 888 997 6610
APAC
+852 3018 1600
EMEA
+44 80817 87364
support@creditflowresearch.com
CompliancePrivacySecurityTerms