Banque Federative Du Credit Mutuel SA (BFCM) (BFCM) 2023-11

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR1,250.0007May-30SeniorA3A-A+FixedSwapsMS+160 aMS+1351354.38%1599.45100
Tranche Comments
7 yr: Book size: 2300; First Pay: 2024-05-02; Registration: Reg S Only; Comments: EUR1.25bn 7yr SNP bmk RegS. A3/A-/A+. BNPP/CIC/JPM/MS(B&D). IPTs MS+160 area, set MS+135 #, launch 1.25bn. Books subject 2.3bn+ (pre-rec @final spread) peak 2.5bn+. B+205.2 vs DBR 0% 02/30 (84.99)/ HR 104%. FTT 3:45pm. Tax Call: Yes. Regulatory Call: Yes, MREL or TLAC Disqualification Event. LEI: VBHFXSYT7OG62HNT8T76;
Deal Comments
Non-Preferred Note