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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
TECH
PRCD
DSYFP
Dassault Systemes SE€1,000
1EMEA
Jun 9, 2026
currency
EUR
size (m)
1,000.000
maturity
Jun 16, 2031
type
Fixed
tenor
5.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
A
fitch
-
size description
-
re-open/tap
No
ipt
MS+85 area
ipt-pxd
-32
guidance
n/a - straight to launch
spread
53
coupon
3.375%
spread set
-
price
99.73300
yield
3.434%
book size (m)
2,150
peak book (m)
2,600
x-covered
2.15
book attrition
-17.31%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,150
peak book (m)
2,600
x-covered
2.15
book attrition
-17.31%
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2150; Registration: Reg S Only; Comments: 66.1bps vs OBL 2 1/2 04/16/31 (98.76) HR:101%. Par Call: 3m. MWC: B+10. CoC: Yes. Clean-Up Call: 75%. LEI: 96950065LBWY0APQIM86;
Use of Proceeds
Proceeds will be used for general corporate purposes, including the refinancing of the €900mn 0.125% notes due September 2026
Relative Value

COMPS

Security

Ratings

Bid I Spread

Issue Date

DSYFP 0 3/8 09/16/29

-/A/-

26

16/09/2019

SAPGR 3 06/03/29

NR/A+/-

26

28/05/2026

SAPGR 3 1/4 06/03/31

A1/A+/-

44

28/05/2026

SAPGR 3 1/2 06/03/33

A1/A+/-

58

28/05/2026

ROLLS 3 3/8 05/20/31

A3/-/A-

51

20/05/2026

AIRFP 1 3/8 05/13/31

A1/A/WD

37

13/05/2016

AIRFP 2 3/8 04/07/32

A1/A/WD

46

07/04/2020

AIRFP 3 3/8 05/13/33

A1/-/-

55

13/05/2026

SUFP 2 3/4 07/04/30

-/A/-

37

04/12/2025

SUFP 3 09/03/30

-/A/-

36

03/09/2024

SUFP 3 01/10/31

NR/A/-

37

10/01/2024

SUFP 3 03/02/32

NR/A/-

49

02/09/2025