DNB Bank ASA (DNBNO) 2022-14

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR750.00010.25Feb-33Subordinated-A--FixedSwapsMS+230 a-2004.63%-99.88300
Tranche Comments
10.25 yr: Book size: 1800; First Pay: 2023-02-28; Redemption: 2027-11-28; Registration: Reg S Only; Comments: EUR750m bmk 10.25NC5.25 Tier 2 RegS. -/A-. Barc/Citi(B&D)/DNB/GS/MS/Nomura. IPTs MS+230 area, set MS+200, launch 750m. Books 1.8bn+, peak 2bn+. DBR 0.5% 02/28 (Spot 93.12), HR 96%, B+ 276.1. FTT: 2:45pm. Tax Call: Yes. Reset Date: 2027-11-28. Regulatory Call: Yes. LEI: 549300GKFG0RYRRQ1414;
Deal Comments
Tier 2