Talanx AG 2017-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR750.00030Dec-47Subordinated-BBB-FixedSwaps-MS+165 a1452.25%-99.88500
Tranche Comments
30 yr: Redemption: 2027-12-05; Comments: EUR750m bmk 30NC10 sub. Exp BBB. NatWest(struct/B&D)/CMZ/JPM/Natx. IPTs MS+165 area, guidance MS+150 (+/-5) on bks >1.75bn, launched 750m at MS+145. DBR 0.5% 08/27 (@ 101.50) + 192.0bp, HR 92%. 100bp staep at yr10. FTT 3:55pm;