NEW ISSUE: Agence Francaise de Developpement €1bn (no-grow) 15yr Sr Unsec; OAT+21a
IGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
Guidance
Agence Francaise de Developpement
15yr
15-Jul-41
€1bn (no-grow)
Sr Unsec
Fixed
OAT+21a
Guidance: 15yr: OAT+21a
Issuer: Agence Francaise de Developpement (Ticker: AGFRNC)
LEI: 9695008K5N8MKIT4XJ91
Issuer Ratings: A+/A+ (S&P/Fitch)
Format: Senior Unsecured, Reg S Bearer Dematerialised form (TEFRA not applicable)
Size: €1bn (no-grow)
Coupon: Fixed Annual, Act/Act (ICMA)
Settlement: 15-Jul-26
Maturity: 15-Jul-41
Guidance: Interpolated OATs (MID) + 21bps area
Reference Bonds: FRTR 0 ½ 25-May-40 & FRTR 3.6 25-May-42
Governing Law: French
Listing: Euronext Paris
Denominations: €100,000 + €100,000
Bookrunners: Barclays, BofA, CACIB, DB, GSBE SE, HSBC
Target Market: The manufacturer target markets (EU MiFID II/UK MiFIR product governance) as assessed by the lead managers are professional & eligible counterparties (all distribution channels)
Fees: The bookrunners will be paid a fee in connection to the transaction (EU MiFID II/UK MiFIR)