| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 250.000 | - | - | Subordinated | Baa2 | - | - | Fixed | Tsy | - | 5.35-5.75% a | 501.1 | 5.35% | - | 100.00000 |
Tranche Comments
Perp NC 5: Book size: 1100; Registration: Reg S Only; Comments: USD250m PNC5 sub hybrid RegS. Baa2. Citi/HSBC(B&D). IPG 5.75% area, FPG 5.35% (the #). 100bp step. T+501.1 vs 0.25% 9/25 @ 99-18. Distribution: 88% Asia, 12% Eur. FM 62%, PB 20%, Ins 14%, Corp 3%, Other 1%. LEI:;
Guarantor(s)
Peak Reinsurance
Use of Proceeds
Working capital and for general corporate purposes.