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Stellantis (Baa1/BBB+): New Issue Final Spread

CONSUMER CYCLICALS
  • FINAL SPREAD: Stellantis EU1b-EU1.25b Debt Offering in 2 Parts
  • EU500m-EU750m 6.5Y Fixed (Sept. 19, 2030) at MS+90Guidance MS+100 area, IPT MS+130-135Books above EU3.8b: Leads
  • EU500m WNG 12Y Green Fixed (March 19, 2036) at MS+123Guidance MS+135 area, IPT MS+170-175Books above EU6.1b: Leads
  • Massive books. We had FV at MS+105a, 130a

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