| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 400.000 | - | - | - | B1 | B+ | - | Fixed | Swaps | 8.50% a | - | 516.5 | 7.80% | - | 99.53600 |
Tranche Comments
P NC 5.25: Book size: 1600; First Pay: 2024-10-15; Redemption: 2029-07-15; Registration: Reg S Only; Comments: EUR400m(Upsized from EUR300m) perp NC5.25 hybrid green RegS. B1/B+/NR. GS(GloCo/log/B&D)/LHV. IPTs 8.5% area for 400m WNG, launch 8% yield. Final books 1.6bn+ at final terms. No hedges, ref DBR 0% 08/29 +553.6bps (Price: 88.33%). FTT 7.45am Tues. Resets to 5yr MS+inital (516.5bp) spread. Tax Call: Yes. Reset Date: 2029-10-15. MWC: Yes. CoC: 101%. LEI: 5493005044RTLQ5RZU70;
Deal Comments
Green Hybrid Bond
Use of Proceeds
Refinancing of Eligible Green Projects