10 yr: Book size: 12500; Registration: Reg S Only; Comments: EUR1bn 10yr Debut sustainable bmk snr unsec RegS. Ba1/BBB/BBB/BBB, ISS ESG 2PO. Struct: HSBC/JPM, Barc/MS(B&D/DM)/SG. Guidance MS+140 area, revised MS+130 (+/-5bps WPIR) for 1bn WNG, launch MS+125. Books 12.5bn+ ex JLM. +189.6bps vs DBR 02/2033 (HR 92%, 99.789%). LEI: 213800IOEYYAHPDLUL60. Distribution: UK 24.5%, Cyprus 20%, Nordics 12.6%, Iberia 11.3%, Greece/It 10.8%, Ger/Aus/Switz 10%, Fr 5%, Other 4.4%, RoEur 0.8%, Benelux 0.6%. FM 43.8%, Bks/PB 41.3%, CB/OI 6.3%, Ins/PF 6%, HF 2.3%, Other 0.3%;

Sustainable Bond