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by Jp Albin

May 06, 2026 8:39 AM ET

PRICED: EUROFIMA €550m 4yr Sr Unsec; MS+13bp

IGC European Market: Deal Flow - SSA

Issuer	Term	Coupon	Maturity	Size	Ranking	Type	Price	Yield	Guidance	Spread	GDNC-PXD
EUROFIMA	4yr	2.875%	13-Sep-30	€550m	Sr Unsec	Fixed	99.808	2.925%	MS+15a	MS+13	-2

Reoffer: MS+13bp / 99.808 / 2.925%
Benchmark: OBL 2.2% 10-Oct-30 @ 98.05% / B+25.5bp / HR 98%

Final book in excess of €2.4bn (incl. €255mm JLM)

Launched: €550m @ MS+13bp - Books in excess of €2bn (incl. €255mm JLM)
Guidance: MS+15bp area

Issuer: EUROFIMA The European Company for Financing of Railroad Rolling Stock
Ticker: EUROF
LEI: 4S66HJ5RNB5ZWG9YW219
Credit Rating: Aa2/AA/AA (Moody's/S&P/Fitch)
ESG Rating: Sustainalytics 4.6 (negligible risk), ISS ESG B- (Prime), MSCI ESG rating AAA
Format: Reg S Bearer
Size: €550m
Settlement: 13-May-26 (T+5)
Maturity: 13-Sep-30
Coupon: 2.875%, Fixed, Annual, ACT/ACT, Short 1st coupon
Reoffer: MS+13bp
Price / yield: 99.808% price / 2.925% yield
OBL ref: OBL 2.2% 10-Oct-30 +25.5bps (bid @ 98.050%; HR 98%)
Governing Law: English Law
Listing: Luxembourg
Denominations: 100k+1k
Target Market: The manufacturer target markets (MIFID II/UK MiFIR product governance) as assessed by the lead managers are eligible counterparties and professional (all distribution channels).
Docs: Issuer’s Debt Issuance Programme
Leads: BNPP, BofA, DB, JPM, NatWest (DM/B&D)
Timing: PRICED. TOE: 14:24 CET. FTT: Immediately.
ISIN: XS3373371551