| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 250.000 | - | - | - | Ba2 | - | - | Fixed | G | - | Low 7% a | 574.9 | 6.75% | - | 100.00000 |
Tranche Comments
P NC 7: Redemption: 2024-12-05; Comments: GBP250m (from 200m+) PNC7 AT1. IPTs low 7%. TBP today, guidance 6.875% area (+/-12.5 WPIR), lainched 250m at 6.75%, bks subj >850m pre rec. Had R/S from Sep 25. Exp Ba2. 7% CET1 trigger, perm writedown. BAML/Citi/Investec/Lloyds.;