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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
COND
PRCD
RENAUL
Renault SA€750
1EMEA
Jun 2, 2026
currency
EUR
size (m)
750.000
maturity
Jun 9, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Ba1
s&p
BBB-
fitch
-
size description
-
re-open/tap
No
ipt
MS+170 area
ipt-pxd
-37
guidance
MS+135 area
spread
133
coupon
4.125%
spread set
-
price
99.89400
yield
4.149%
book size (m)
2,300
peak book (m)
3,200
x-covered
3.07
book attrition
-28.13%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,300
peak book (m)
3,200
x-covered
3.07
book attrition
-28.13%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2300; Registration: Reg S Only; Comments: 145.3bps vs OBL 2 ½ 04/16/31 #193 @ 99.1 / 2.696% / HR: 99%. Par Call: 3m. MWC: Yes. Clean-Up Call: 75%. LEI: 969500F7JLTX36OUI695;
Use of Proceeds
The net proceeds of the issue of the Notes will be used to finance general corporate purposes
Relative Value

COMPS

Amount (MM)

Maturity

Price

Bid I-Sprd

Bid Yield

Issue Date

Ratings (M/S)

 

Renault SA

RENAUL 3 ⅞ 09/30/30

850

4.3

99.61

121

3.97

30/09/2025

Ba1/BBB-

Ford Motor Credit Co LLC

 

 

 

 

 

 

 

F 4.48 07/08/31

750

5.1

101.55

135

4.14

08/05/2026

Ba1/BBB-

F 4.448 09/16/32

600

6.3

101.24

139

4.22

16/09/2025

Ba1/BBB-

F 4.087 02/17/33

750

6.7

98.39

152

4.37

17/02/2026

Ba1/BBB-

Stellantis NV

STLA 3 ⅞ 06/06/31

700

5

98.93

133

4.12

06/06/2025

Baa3/BBB-

 

 

 

 

 

 

 

 

GM 3.7 07/14/31

850

5.1

100.35

83

3.62

14/01/2025

Baa2/BBB

RCI Banque SA

RENAUL 3 ⅝ 02/22/30

900

3.7

100.15

82

3.58

22/04/2026

Baa1/BBB-

RENAUL 3 ¾ 02/16/32

900

5.7

99.13

110

3.92

16/01/2026

Baa1/BBB-

Traton Finance Luxembourg SA

TRAGR 3 ⅞ 11/13/31

500

5.4

100.31

101

3.81

13/05/2026

Baa2/BBB