OSB Group PLC (OSB) 2021-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GBP150.000---NRNRB+FixedG6.25-6.5%6-6.25%539.36%-100.00000
Tranche Comments
P NC 5.5: Book size: 315; Redemption: 2026-10-07; Registration: Reg S Only; Comments: GBP150m PNC5.5yr (6mPC, fxd-fxd reset) AT1 RegS. NR/NR/B+. NatWest(struc/B&D)/Barc/Citi. IPTs 6.25%/6.5%, guidance 6%/6.25% WPIR, launch 150m at 6% con, bks >315m, peak >335m, With tender for £60m 9.125% AT1s (May 2022 call). Initial / reset rate G+539.3 . FTT 3.20pm. LEI: 213800ZBKL9BHSL2K459 ;
Deal Comments
Tier 1