DNB Bank ASA (DNBNO) 2023-4

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
SEK700.00010.25May-33Subordinated-A--Floating3mN--1803mN+180-100.00000
SEK500.00010.25May-33Subordinated-A--VariableSwaps--1804.91%-100.00000
Tranche Comments
10.25 yr: Redemption: 2028-02-23; Comments: SEK700m 2-tr 10.25NC5.25 FRN Tier 2. NR/A-/NR. DNB Markets(B&D)/Nordea. Set 3mN+180. Launch 700m. Combined books last heard 1bn+. FTT: 9:56am. Tax Call: Yes. Reset Date: 2028-02-23. Regulatory Call: Yes on a capital event. Par Call: 3m. LEI: 549300GKFG0RYRRQ1414; 10.25 yr: Redemption: 2028-02-23; Comments: SEK500m 2-tr FXD-FRN Tier 2. NR/A-/NR. DNB Markets(B&D)/Nordea. Set MS+180. Launch 500m. Combined books last heard 1bn+. FTT: 9:56am. Tax Call: Yes. Regulatory Call: Yes on a capital event.Reset Date: 2023-05-23. Par Call: 3m. LEI: 549300GKFG0RYRRQ1414;
Deal Comments
Tier 2