Volvo Treasury AB (VLVY) 2022-7

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR700.0003Feb-26Sr. UnsecuredA2A--FixedSwapsMS+80 aMS+50-55452.63%599.68300
Tranche Comments
3 yr: Book size: 2100; Registration: Reg S Only; Comments: EUR700m long 3yr Feb 2026 snr unsec RegS. A2/A-. HSBC/ING(B&D)/Nordea. IPTs MS+80 area, guidance MS+50/+55 for 700m. Final MS+45. Books 2.1bn+, ex-JLM. OBL 0 10/10/25 (px: 96.255%). HR 110%, B+147.5bp. LEI: 549300PD69T87IGZG395. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. MWC: B+25bps. Distribution: Ger/Aus 38%, Benelux 17%, Fr 16%, UK/Ire 13%, S.Eur 8%, Nordics 6%, Other 2%. AM/FM 64%, Bks/PB 15%, Ins/PF 14%, Other 7%;
Guarantor(s)
Volvo AB
Use of Proceeds
General Corporate Purposes