IGC European Market: Deal Flow - GeneralIGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
IPT
Guidance
ISIN
TenneT Netherlands
10yr
01-Apr-36
Benchmark
Senior Unsecured
Fixed
MS+31a
MS+28a
XS3329155504
Guidance: 10yr: MS+28bp (+/-1) WPIR
Books above €5.35bn (excl. JLM)
IPTs: 10yr: MS+31bp area
Issuer:TenneT Netherlands B.V.
LEI: 724500N24X9VLIRO3K10
Exp. Issue Rating: Aaa/AAA (Moody's/S&P)
Status: Senior unsecured, unsubordinated, unconditionally and irrevocably guaranteed by the State of the Netherlands
Format: Bearer Notes, Reg S, Category 1
Size: € Benchmark
Settlement: 01-Apr-26 (T+5)
Maturity: 01-Apr-36
Coupon: Fixed, Annual, ACT/ACT (ICMA), full first coupon to be paid on 01-Apr-27
Guidance: MS+28bp (+/-1) WPIR
Listing: Euronext Amsterdam
Governing Law: Dutch Law
Denoms: €100k+€1k
ISIN / Common Code: XS3329155504 / 332915550
Target Market: The manufacturer target markets (MIFID II and UK MiFIR product governance) as assessed by the lead managers are eligible counterparties and professional clients only (all distribution channels).
Docs: Issuer's EMTN Programme
UoP: An amount equivalent to the net proceeds from the issue of the notes will be used to finance, refinance and/or invest in Eligible Green Investments, as set out in the Issuer’s Green Financing Framework