| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 750.000 | - | - | - | - | BB+ | BBB- | Fixed | Tsy | 4.625-4.75% | 4.375% | 338.7 | 4.38% | - | 100.00000 |
Tranche Comments
P NC 5.5: Book size: 1800; Redemption: 2026-05-18; Registration: Reg S Only; Comments: USD750m PNC5.5yr AT1. RegS. BB+/BBB-. BofA/Citi/Danske(B&D)/HSBC/SG/UBS. IPTs 4.625%/4.75% area, set 4.375% cpn @par. Launch 750m, bk >1.8bn, peak >1.9bn, T+338.7 (Interpolated CT5 & CT7), CT5 :T 0 ¾ 04/30/26 @99-15+/0.856%, CT7: T 1 ¼ 04/30/28 @99-14+/1.332%, reset CT5+338.7. FTT 4.05pm;
Deal Comments
Non-cumulative Resettable Additional Tier 1 Convertible Capital Notes.