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Commentary & Deal Flow

NEW ISSUE: FMO £250m (WNG) 2.5yr Sr Unsec FRN; SONIA+28a

IGC European Market: Deal Flow - GeneralIGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.

2.5yr

16-Oct-28

£250m (WNG)

Sr Unsec

Floating

SONIA+28a

Guidance: SONIA+28a

  • Issuer: Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)
  • Ticker: NEDFIN
  • Ratings: AAA/AAA (S&P/Fitch, both Stable)
  • Format: Senior, Unsecured, Reg S Bearer
  • Size: £250m (WNG)
  • Settlement: 16-Apr-26 (T+7)
  • Maturity: 16-Oct-28 (Long 2Y)
  • Coupon: FRN, Daily Compounded SONIA, 5 day observation period shift, Quarterly, Act/365F
  • Discount Margin: SONIA + 28bps area
  • Denominations: 100k + 100k
  • Docs: EMTN Programme
  • Listing: Luxembourg
  • Leads: BofA / RBC CM (B&D/DM)
  • Target Market: The manufacturer target markets (MIFID II product governance) as assessed by the lead managers are Professional / Eligible Counterparties
  • Timing: Books open, today's business