| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | - | - | - | - | BB | BB | Fixed | Swaps | 3.25% a | 2.75% a | 271.4 | 2.62% | - | 100.00000 |
Tranche Comments
P NC5.25: Book size: 2700; Registration: Reg S Only; Comments: EUR500m wng PNC5.25 hybrid (5yr reset, +25bp 2030, 75bp 2045). Short 1st. BB/BB. Citi/Danske/DB(B&D)/JPM/Nordea. IPTs 3.25% area, guide 2.75% (+/-12.5 wpir), launch 2.625% on bks 2.7bn (peak >2.9bn). 3mPC. Initial/reset MS+271.4 / B+318.6 vs 0.5% 2/25 @105.45.;