Nordea Bank Abp (NDASS) 2021-5

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GBP500.00011.25Dec-32SubordinatedBaa1A-AFixedGG+155 aG+130-1351301.63%-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