| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 600.000 | - | - | - | Baa3 | BBB- | - | Fixed | Swaps | 3.875-4% | 3.75% | 375.6 | 3.74% | - | 99.96200 |
| EUR | 500.000 | - | - | - | Baa3 | BBB- | - | Fixed | Swaps | 3.25% a | 3.125% | 341.5 | 3.13% | - | 100.00000 |
Tranche Comments
P NC5.75: Book size: 1000; Redemption: 2026-04-14; Registration: Reg S Only; Comments: GBP600m P NC5.75yr APr 2026 1st call, RegS hybrid. Baa3/BBB-. GCs Barc/NatWest, JBs BNPP/BofA/MS/MUFG/Santan. IPTs 3.875%/4%, guidance set 3.75%(#) yld, launch 600m, bk ~1bn, With EUR. G+375.6 vs UKT 1 ½ 07/22/26 @109.5. 25bp step 4/2031, 75bp 4/2046. LEI: 549300KI75VYLLMSK856.;
P NC7: Book size: 785; Redemption: 2026-04-14; Registration: Reg S Only; Comments: EUR500m P NC7yr Jul 2027 1st call, RegS hybrid. Baa3/BBB-. GCs Barc/NatWest, JBs BNPP/BofA/MS/MUFG/Santan. IPTs 3.25% area, set 3.125% yld, launch 500m, bk ~785m. With GBP. MS+341.5 / DBR 0 ¼ 02/15/27 +380.9bps. 25bp step 7/2032, 75bp 7/2047. LEI: 549300KI75VYLLMSK856.;