| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 1,000.000 | 7 | Apr-30 | Sr. Unsecured | Baa1 | A- | A | Variable | Swaps | MS+165 a | MS+140 a | 138 | 4.38% | - | 99.97400 |
Tranche Comments
7 yr: Book size: 2500; Redemption: 2029-04-19; Registration: Reg S Only; Comments: EUR1bn 7NC6 fxd-FRN snr unsec bmk RegS. Baa1/A-/A. BNPP(B&D)/BofA/ING/JPM/KBC/LBBW. IPTs MS+165 area, guidance MS+140 (+/- 2 WPIR), launched MS+138 for 1bn. Books 2.5bn+. DBR 0.250% 02/2029 (cash price 88.93)/HR 103%, B+208.3. FRN at 3mE+ 138. FTT: 1:15pm. Tax Call: Yes. Reset Date: 2029-04-19. Regulatory Call: Yes, Callable on Loss Absorption Capital Disqualification Event. Distribution: FR 33%, UK/Ire 20%, Benelux 18%, Ger/Aus/Switz 17%, S.Eur 5%, Asia 4%, Nordics 2%, Other 1%. FMs 65%, Ins/PF 21%, Bank/PB 6%, CB/OI 5%, Other 3%. LEI: 213800X3Q9LSAKRUWY91;