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CREDIT SUPPLY: Belfius Bank Final Spread: 3mE+50bp, Books >EUR1.3bn

CREDIT SUPPLY

Belfius Bank (CCBGBB: A1/A/A-) final spread is 3mE+50bp, 10bp tight of our fair value (+60bp) and barely any premium over BFCM ’27 at a shorter workout and one notch better. Books are above EUR1.3bn (for benchmark, were >EUR1bn).

  • “FINAL SPREAD: Belfius Bank EUR Benchmark 3Y Sr Pref FRN 3mE+50”

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