| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| CHF | 450.000 | - | - | - | Baa3 | - | - | Fixed | Swaps | 2.75-3.00% | 2.625-2.75% | 260.5 | 2.63% | - | 100.00000 |
Tranche Comments
P NC 5.25: First Pay: 2018-10-31; Redemption: 2023-10-31; Comments: CHF450m (from 400m+, init 350m+) PNC5.3 AT1. Permanent writedown, 7% CET1 trigger. JLs CS/Vont. Co-lead Raiff. Coupon IPTs 2.75%/3%, guidance 2.625%/2.75% (wpir) (=MS+261/273), set 2.625%, = MS+260.5, YTM 2.627% (Source: IFR);