NEW ISSUE: Castilla y León €500m (WNG) 8yr Sust; SPGB+17a
IGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
Guidance
ISIN
Castilla y León
8yr
30-Apr-34
€500m (WNG)
Sr Unsec
Sust
SPGB+17a
ES000135162
Guidance: 8yr: SPGB+17a
Issuer:Autonomous Community of Castilla y Leon (Ticker: CASTIL)
LEI: 959800Y87BK35RUBP092
Issuer Rating: A3 (Stable) Moody’s
Exp. Issue Rating: A3 Moody’s
Format: Sustainable, Reg S Cat 1, Dematerialised Book-entry form (No sales into Canada)
Ranking: Senior, Unsecured
Risk Weighting: 0% in the Eurozone LCR Level 1
Size: €500m WNG
Settlement: 15-Jun-26 (T+8)
Maturity: 30-Apr-34
Coupon: Fixed, Annual, Act/Act, short first coupon
Guidance: SPGB + 17bps area (equiv. ~ MS + 45bps area)
Benchmark Ref: SPGB 3.25% 30-Apr-34
Listing: AIAF
Gov Law: Spanish
Min Denoms: €1k+ €1k
Use of Proceeds: As defined in the Autonomous Community of Castilla y León Sustainable Finance Framework
Docs: Exempt from prospectus requirements in Spain. Spanish public debt tax regime. No events of default. No tax gross up
Target Market: The target market for the Bonds is professionals and eligible counterparties (all channels for distribution), each as defined in MIFID II