NatWest Group plc (fka Royal Bank of Scotland Group PLC) (RBS) (RBS) 2022-13

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GBP650.00010.5Jun-33SubordinatedBaa1BB+BBB+FixedGG+445 aG+420-4254207.42%5100.00000
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;
Deal Comments
Tier 2