NatWest Markets PLC (NWG) 2022-10

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GBP750.0005Nov-27Sr. UnsecuredA1A-A+FixedGG+310 aG+290 a2806.38%3099.81300
Tranche Comments
5 yr: Book size: 2200; Registration: Reg S Only; Comments: GBP750m 5yr snr unsec opco bmk RegS. A1/A-/A+. NatWest(B&D)/Nomura/Santan/Scotia. IPTs UKT 1.25% Jul 2027 +310 area, guidance UKT+290 area, launched 750m at UKT+280. Books closed 2.2bn+ (peak 2.35bn+). UKT 1.25% 07/27 @ 90.205 (mid) / 90.165 (bid) (HR 105%). Distribution: UK/Ire 87%, RoEur 13%. FM/AM 85%, Bks/CB/PB 6%, Ins/PF 3%, Other 6%. LEI: RR3QWICWWIPCS8A4S074;