Buona sera.
Non so se avete notato questa emissione postata dall'ottimo gionmorg.
Se a 18 mesi NIBC finanzia un senior al 4,5%, mid swap +350 !!!! dovesse uscire con un perpetuo sarebbe a 11-12% o cosa?
Per chi la segue, non vi sembra un filino preoccupante?
NIBC Bank issued bonds with a maturity of 18 months
Guidance: Mid swap +350 bp
The Dutch NIBC Bank issued a bond with a maturity of 18 months. Expect a spread of 350 basis points over mid swap. The coupon is expected to be currently around 4.50%. The transaction is accompanied by DZ Bank, JPMorgan and NIBC Bank. of the transaction:
Issuer: NIBC Bank NV
senior ratings: Baa3, BBB-, BBB
format: senior unsecured
term: 18 months (to Nov. 2013)
Coupon: fix n .. bek
Guidance: Mid swap +350 bp
Listing: London
Denomination: EUR 1,000 (Minimum order: 100,000 €)
Bookrunner: DZ Bank, JPMorgan and NIBC Bank Timing: Books