Fastighets AB Balder (BALDB) 2021-2

EUR500.00060.25---BB+-FixedSwaps3.25% a2.875-3% a318.82.88%-100.00000
Tranche Comments
60.25 yr: Book size: 900; Registration: Reg S Only; Comments: EUR500m 60.25NC5.25 hybrid. With SEK bmk (pulled). BB+ S&P. Danske/DB(B&D)/Nordea/SEB. IPTs 3.25% area, guidance 3% area (+/-12.5 WPIR), launch 2.875%, bks >900m pre rec @guidance (peak >1bn). 3mPC. Steps 25bp 6/31, 100bp 6/46. DBR 0.5% Feb-26 + 350.0bps (@ 105.70 Px). Initial MS+318.8 . FTT 3.10pm;
Deal Comments
Hybrid Bond
Use of Proceeds
General corporate purposes