| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 1,000.000 | 7 | Mar-30 | Senior | Baa1 | BBB+ | A+ | Variable | Swaps | MS+175-180 | MS+160-165 | 160 | 4.63% | 28 | 99.45200 |
Tranche Comments
7 yr: Book size: 2300; Redemption: 2029-03-02; Registration: Reg S Only; Comments: EUR1bn 7NC6 fxd-FRN SNP bmk RegS. Baa1/BBB+/A+. Natx(B&D/DM). IPTs MS+175/+180 area, guidance MS+160/+165 WPIR for max 1bn, launch 1bn at MS+160. Final books 2.3bn at reoffer. DBR 0.25% 02/29 (87.55%), HR 100%, B+ 221.3. FRN 3mE+initial credit spread. FTT: 2:15pm. Tax Call: Yes. Reset Date: 2029-03-02. Regulatory Call: Yes on occurrence of MREL/TLAC Disqualification Event. LEI: 9695005MSX1OYEMGDF46;
Deal Comments
Non-Preferred Bond