Commentary & Deal Flow

Reoffer: 5.4yr: MS+29bp / 99.958 / 3.136%
Benchmark: DBR 0 15-Aug-31 TWIN @ 86.941 / B+44.6bp / HR: 110%

Final book above €3.2bn (incl. €355m JLM) at re-offer. Peak book above €3.3bn.

Launched: 5.4yr: €1.4bn @ MS+29bp - Books above €3.3bn (incl €355m JLM)
Spread set at: 5.4yr: MS+29bp - Books above €2.7bn pre rec (incl €355m JLM)
Book Update: Books above €2bn (incl €355m JLM)
Guidance: 5.4yr: MS+35a

• Issuer: Caisse de Refinancement de l’Habitat - CRH Corp
• LEI: 969500TVVZM86W7W5I94
• Type: Obligations Foncieres - ECB Eligible – Reg S Bearer, dematerialised format – TEFRA not applicable – ECBC Covered. Bond Label - EU harmonisation label European Covered Bond (Premium) / CRD IV Compliant
• Ratings: Aaa/AAA (Moody's/Fitch)
• Settlement: 19-May-26 - T+9
• Maturity: 20-Oct-31 - 5.4-year Soft bullet
• Size: €1.4bn
• Re-Offer: MS+29bp / 3.136% / 99.958
• Benchmark: DBR 0 15-Aug-31 TWIN (86.941 / B+44.6bp / HR: 110%)
• Coupon: 3.125% annual, Act/Act ICMA, short first
• Listing/Law/Denoms: Euronext Paris / French Law / 100k+100k
• Documentation: Issuer’s EMTN Programme dated 20-Feb-26
• Fees: The Banks will be paid a fee by the Issuer in relation to the transaction
• Bookrunners: Crédit Agricole CIB, LBBW (B&D), Natixis, Santander and Société Générale
• MIFID/MIFIR II – Target Market: Manufacturer target market (MIFID II/UK MiFIR product governance) is eligible counterparties and professional clients only (the following distribution channels: investment advice, portfolio management, non-advised sales). No EEA PRIIPs KID or UK PRIIPs KID/CCI product summary has been prepared as not available to retail in EEA and the UK
• ISIN: FR0014018FD9
• Timing: Priced, TOE: 13.36 UKT/ 14.36 CET | FTT: 14.00 UKT/ 15.00 CET
• Advertisement: The Base Prospectus, any supplements thereto, and the Final Terms (when published) are available at http://www.crh-bonds.com/Prospectus/Listing_Prospectus.html