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Commentary & Deal Flow

NEW ISSUE: Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) €500m (no grow) 5yr Sr Unsec; MS+8a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

ISIN

Guidance

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)

5yr

29-Sep-31

€500m (no grow)

Sr Unsec

Fixed

XS3519771672

MS+8a


Guidance: 5yr: MS+8a


  • Issuer: Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) (ticker: "NEDFIN")
  • Issuer Ratings: AAA/AAA (all stable) (S&P/Fitch)
  • ESG Ratings: ISS ESG (Prime)
  • Size: €500m (no grow)
  • Status/Format: Senior unsecured / Reg S Bearer / New Global Note
  • Coupon: Fixed, Annual, ACT/ACT
  • Settlement: 29-Sep-26 (T+5)
  • Maturity: 29-Sep-31
  • Docs: EMTN Programme
  • Listing: Luxembourg
  • Gov Law: Dutch
  • Denoms: 100k+100k
  • Fees: The Joint Bookrunners will be paid a fee in connection to the transaction (MIFID II)
  • ISIN: XS3519771672
  • LEI: XTC5E2QFTEF0435JWL77
  • Target Market: Eligible counterparties and professional investors, each as defined in MiFID II/UK MIFIR (all channels for distribution)
  • Joint Bookrunners: BofA / ING / JPM / Rabobank
  • Schedule: Books open, today's business
  • UoP: The bond proceeds are reserved for financing Green Projects according to the FMO Sustainability Bonds framework