CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
GBP | 650.000 | 10.5 | Jun-33 | Subordinated | Baa1 | BB+ | BBB+ | Fixed | G | G+445 a | G+420-425 | 420 | 7.42% | 5 | 100.00000 |
Tranche Comments
10.5 yr: Book size: 2700; First Pay: 2023-06-06; Redemption: 2028-03-06; Registration: Reg S Only; Comments: GBP650m 10.5NC5.5 sub Tier 2 bmk. Baa1/BB+/BBB+. Sole books NatWest(B&D). JLNBs BofA/JPM/TD. IPTs UKT+445 area vs UKT 0.125% 1/28, guidance UKT +420/+425 (WPIR), launch 650m at UKT+420. Final books closed 2.7bn+ (@ reoffer). Tax Call: Yes. Reset Date: 2028-06-06. Par Call: 3m. Regulatory Call: Yes. FTT:3pm. LEI: 2138005O9XJIJN4JPN90;