Commentary & Deal Flow

Final Books > €1.4bn (incl. €150m JLM interest). Peak book in excess of €1.5bn (incl. €175m JLM interest)

Launched: 7yr: €500m @ SPGB+10bp - Orderbooks in excess of €1.45bn (including €175m JLM interest)
Rev Guidance: 7yr: SPGB+11a - Orderbooks in excess of €1.5bn (including €175m JLM interest)
Guidance: 7yr: SPGB+15a

• Issuer: The Autonomous Community of Galicia (Ticker: JUNGAL)
• Issuer LEI: 9598006NADCDHBCA0B85
• Issuer Ratings: A+/A3 (S&P/Moody's)
• Format: Sustainable, Reg S Cat 1, Dematerialised Book-entry form (No sales into Canada)
• Ranking: Senior, Unsecured
• Risk Weighting: 0% in Eurozone
• Size: €500m
• Maturity: 30-Apr-33
• Settlement: 17-Jun-26 (T+5)
• Coupon: Fixed, Annual, Act/Act, short first coupon
• Benchmark Ref: SPGB 3.150% 30-Apr-33 / HR 99%
• Listing: AIAF
• Governing Law: Spanish Law
• Min Denoms: €1k+ €1k
• Use of Proceeds: According to the Autonomous Community of Galicia Sustainable Finance Framework
• Documentation: 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.
• Bookrunners: Abanca, Banco Sabadell, BBVA (B&D), Credit Agricole CIB, HSBC and Santander
• Fees: The Banks will be paid a fee by the Issuer in respect of the placement of the securities. Details of the fee may be made available to investors on request from your usual sales contact
• ISIN: ES0001352659
• Timing: Today's business