| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 650.000 | 10 | Jan-27 | Subordinated | - | BB | BB+ | Fixed | Swaps | - | - | 533.9 | 6.00% | - | 100.00000 |
Tranche Comments
10 yr: Comments: EUR650m 10yr bullet 6% Tier 2 in exchange for PNC17 T1s, 2039/2019 call T2s, c.EUR117m new money. TBP at par. MS/JPM/Citi/SG/HSBC/CACIB. Jnr subs rtd -/BB/BB+. Came 650m at MS+ 533.9bp, DBR 0% 08/26s+ 578.8bp. Tax Call: No. PP: No. XD: No;