| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 1,000.000 | 10.25 | Feb-33 | Subordinated | Baa2 | BBB- | BBB+ | Fixed | Swaps | MS+270 a | MS+245-250 | 245 | 5.13% | 15 | 99.75900 |
Tranche Comments
10.25 yr: Book size: 1450; First Pay: 2023-02-22; Redemption: 2027-11-22; Registration: Reg S Only; Comments: EUR1bn 10.25NC5.25 bmk Tier 2 RegS. Baa2/BBB-/BBB+. ABN(B&D/DM)/BofA/Barc/GS/HSBC. IPTs MS+270 area, guidance MS+245/+250 WPIR, set MS+245 for 1bn. Final books 1.45bn+ (at reoffer)(peak 1.8bn). DBR 0.5 02/15/28 + 315.7bps DBR @ 92.47. FTT 4:15pm. Reset Date: 2028-02-22. LEI: BFXS5XCH7N0Y05NIXW1. Tax Call: Yes. Regulatory Call: Yes;
Use of Proceeds
Strengthen capital base and for general corporate purposes