OSB Group PLC (OSB) 2023-1

Tranche Comments
10.25 yr: Book size: 450; First Pay: 2023-07-27; Redemption: 2028-07-27; Registration: Reg S Only; Comments: GBP250m 10.25NC5.25 bmk Tier 2 RegS. Baa3. GS(log)/Lloyds(B&D)/NatWest. IPTs 10%-10.25% (s/a yield), launch 250m at 10%. Books ~450m. +629.6bps , UKT 0.125% 31/01/28 (ISIN: GB00BMBL1G81) @ 84.454. Tax Call: Yes. Reset Date: 2028-07-27. Par Call: 3m. Regulatory Call: Yes on a Regulatory Event, at any time, at par, in full and not in part. LEI: 213800ZBKL9BHSL2K459;
Deal Comments
Tier 2
Use of Proceeds
General Corporate Purposes