Standard Chartered PLC (STAN) 2021-3

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR1,000.00010.5Sep-31-Baa2BBB-BBB+FixedSwapsMS+175 a-1551.20%-99.80100
Tranche Comments
10.5 yr: Book size: 1700; First Pay: 2021-09-23; Redemption: 2026-09-23; Registration: Reg S Only; Comments: EUR1bn 10.5NC5yr T2 RegS. Baa2/BBB-/BBB+. Citi/GS/ING/JPM/NatWest/StCh(B&D). IPTs MS+175 area, launch 1bn at MS+155, bk subj >1.7bn. With USD sustainable. DBR 0 ½ 02/15/26 @ 105.857 +190.6bps / HR 102%. LEI: U4LOSYZ7YG4W3S5F2G91;
Deal Comments
Tier 2