| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 500.000 | 11.25 | Dec-32 | Subordinated | Baa1 | A- | A | Fixed | G | G+155 a | G+130-135 | 130 | 1.63% | - | 99.72300 |
Tranche Comments
11.25 yr: Book size: 1800; Redemption: 2027-09-09; Registration: Reg S Only; Comments: GBP500m 11.25NC6.25yr fxd-fxd no-step Tier 2 RegS. Baa1/A-/A. Barc/CS/JPM/Nomura. IPTs G+155 area vs 4.25% 2027, guidance G+130/+135 WPIR, bk >1.8bn, subj noon. 1st call Sep 2027, reset Dec 2028;
Deal Comments
Tier 2 Reset Notes