Bpce SA (BPCEGP) 2023-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR1,000.0005Jul-28SeniorA1AAA-FixedSwapsMS+155-160MS+140-1451404.38%2099.77000
EUR1,250.00010Jan-33SeniorA1AAA-FixedSwapsMS+175 aMS+155-1601554.50%2599.71600
Tranche Comments
5 yr: Book size: 1300; Registration: Reg S Only; Comments: EUR1bn 2-tr 5yr SNP bmk RegS. A1/A/AA-. Natx. IPTs MS+155/+160. Guidance MS+140/+145 WPIR, launch 1bn MS+140 on bks 1.3bn+. (combined peak 3.3bn+). DBR 0.5% 15-Feb-2028 +204bp; / DBR 1.7% 15-Aug-2032 +215bp. LEI: 9695005MSX1OYEMGDF46; 10 yr: Book size: 1450; Registration: Reg S Only; Comments: EUR1.25bn 2-tr 10yr SNP bmk RegS. A1/A/AA-. Natx. IPTs 10yr MS+175 area. Guidance MS+155/+160 WPIR, launch 1.25bn MS+155 on bks 1.45bn+. (combined peak 3.3bn+). DBR 0.5% 15-Feb-2028 +204bp; / DBR 1.7% 15-Aug-2032 +215bp. LEI: 9695005MSX1OYEMGDF46;
Deal Comments
Non-Preferred Bond