Huntington National Bank (HBAN) 2022-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD300.0003May-25Sr. UnsecuredA3A--FloatingSOFRSOFR+EquivSOFR+Equiv119SOFR+119-100.00000
USD500.0003May-25Sr. UnsecuredA3A--VariableTsyT+135 aT+1301304.01%20100.00000
USD800.0006May-28Sr. UnsecuredA3A--VariableTsyT+160 aT+1501504.55%15100.00000
USD400.00011May-33Sr. UnsecuredBaa1BBB+-VariableTsyT+190T+1901905.02%25100.00000
Tranche Comments
3 yr: Redemption: 2024-05-16; Registration: 3(a)(2); Comments: US$300m 3NC2 FRN at 100.00, floats at SOFR+119bp. LEI: 2WHM8VNJH63UN14OL754; 3 yr: Redemption: 2024-05-16; Registration: 3(a)(2); Comments: US$500m 4.008% cpn 3NC2 FXD to FRN at 100.00, yld 4.008%. T+130bp. Back-end: SOFR+120.5bp. LEI: 2WHM8VNJH63UN14OL754; 6 yr: Redemption: 2027-05-17; Registration: 3(a)(2); Comments: US$800m 4.552% cpn 6NC5 FXD to FRN at 100.00, yld 4.552%. T+150bp. Back-end: SOFR+165bp. LEI: 2WHM8VNJH63UN14OL754; 11 yr: First Pay: 2022-11-17; Redemption: 2032-05-17; Registration: Registered; Comments: US$400m 5.023% cpn 11NC10 FXD to FRN at 100.00, yld 5.023%. T+190bp. Back-end: SOFR+205bp. LEI: 2WHM8VNJH63UN14OL754.;
Deal Comments
Huntington Bancshares Inc/OH (11yr)
Use of Proceeds
General Corporate Purposes
Research

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