Commerzbank AG (CBK) 2023-3

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR1,000.0003.25Apr-26-Aaa--FixedSwaps-MS+2 a-32.88%-99.74000
Tranche Comments
3.25 yr: Book size: 2200; Registration: Reg S Only; Comments: EUR1bn 3.25yr bmk HP covered RegS. Aaa/NR/NR. BayernLB/CMZ(B&D/DM)/Erste/Helaba/Santan/TD. Guidance MS+2 area, set MS-3, launch 1bn. Final books 2.2bn+ (incl 270m JLM) peak 2.3bn+. OBL 04/26 #183 + 64.7bp (px. 92.93 / HR104%). LEI: 851WYGNLUQLFZBSYGB56. Distribution: Ger 73%, Asia 12%, Nordics 6%, Other Eur 3%, BeNeLux 3%, AT/CH 3%. Banks 42%, AM/Funds 27%, CB/OI 25%, Ins/PF 2%, Others 4%;
Deal Comments
Covered Bond