| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 700.000 | 11 | Feb-34 | - | Baa1 | BB+ | BBB+ | Fixed | Swaps | MS+280-285 | - | 260 | 5.76% | 22.5 | 100.00000 |
Tranche Comments
11 yr: Book size: 1400; First Pay: 2024-02-28; Redemption: 2028-11-28; Registration: Reg S Only; Comments: EUR700m 11NC6 Tier 2 bmk RegS. Baa1/BB+/BBB+. DB/NatWest(B&D/DM)/RBC/Santan. IPTs MS+280/+285, set MS+260 for exp 600m, launch 700m. Final books 1.4bn (peak 1.7bn+). DBR 0.25% 02/29 +322.6bps (87.46, HR 98%). LEI: 2138005O9XJIJN4JPN90. Tax Call: Yes. Reset Date: 2029-02-28. Par Call: 3m. Regulatory Call: Yes on Capital Disqualification Event. Distribution: UK&I 24%, Fr 18%, S.Europe 14%, BeNeLux 13%, Nordics 11%, GAS 10%, Middle East 6%, APAC 4%. AM 74% Bks / PBs 11% CB / OI 7% Ins / PFs 6%, Oth 2%;