No results found for "".

Commentary & Deal Flow

LAUNCHED: Schneider Electric €1.5bn 2yr FRN & L7yr Sr Unsec; 3mE+30bp & MS+58bp

IGC European Market: Deal Flow - General

Issuer

Term

Maturity

Size

Ranking

Type

IPT

Guidance

Spread Set

Schneider Electric

2yr

01-Jul-28

€800m

Sr Unsec

Floating

3mE+55/60

3mE+30#

3mE+30

Schneider Electric

L7yr

01-Dec-33

€700m

Sr Unsec

Fixed

MS+90/95

MS+60+/-2

MS+58


Launched:
2yr: €800m @ 3mE+30bp - Books > €1.75bn
L7yr: €700m @ MS+58bp - Books > €2.1bn

Guidance: 2yr: 3mE+30bp - Books > €2.3bn L7yr: MS+60+/-2bp - Books > €2.9bn
IPTs: 2yr: 3mE+55/60bp L7yr: MS+90/95bp


  • Issuer: Schneider Electric SE
  • Ticker: SUFP
  • Country: FR
  • Issuer Ratings: A2/A (Moody's/S&P)
  • Expected Issue Ratings: A (S&P)
  • Format: Senior, Unsecured, Reg S Bearer Dematerialised Notes, Category 2
  • Settlement: 01-Jul-26 (T+4)
  • Maturity Dates:
    • 2yr FRN: 01-Jul-28
    • Long 7yr FXD: 01-Dec-33
  • Size:
    • 2yr FRN: €800m
    • L7yr FXD: €700m
  • Coupon:
    • 2yr FRN: 3mE+[•], Quarterly, ACT/360
    • Long 7yr FXD: [•%], Annual, ACT/ACT Short first coupon
  • Par Call:
    • 2yr FRN: Yes, 1 month
    • Long 7yr FXD: Yes, 3 months
  • Documentation: EMTN Programme
  • Listing: Euronext Paris
  • Governing Law: French Law
  • Denominations: €100,000 + €100,000
  • Make-Whole Call: MWC (vs. Bund)
  • Other Calls: Clean-up call (75%), Change of Control Put
  • Use of Proceeds: General corporate purposes
  • Active Bookrunners: Credit Agricole CIB, Deutsche Bank, J.P. Morgan (B&D), HSBC, MUFG, Natixis
  • Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only. No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not being made available to retail in the EEA or the UK
  • Issuer LEI: 969500A1YF1XUYYXS284
  • Advertisement: The Base Prospectus dated 5 May 2026 and the Final Terms, when published, will be available on the website of the AMF (www.amf-france.org) and/or on the Issuer’s website
  • Selling Restrictions: As per the Base Prospectus