| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 5 | - | - | - | - | - | Fixed | Swaps | Low 6%s | 5.75-5.875% a | 620.8 | 5.75% | - | 100.00000 |
Tranche Comments
P NC 5: Book size: 1400; Redemption: 2025-12-07; Registration: Reg S Only; Comments: EUR500m PNC5yr hybrid. NR. GC/struc BNPP(B&D)/MS, JB Uni. IPTs low 6% area, guidance 5.875% area (+/-12.5 WPIR), launch 500m @ 5.75% yld, bk ~1.4bn (peak >1.6bn), 3mPC, MWC B+50. 500bp step. FTT 4.30pm. MS+620.8 / DBR Aug 25s 1% @ 108.505 (-0.769%) / DBR+651.9. LEI: 529900BKFJBI0QRDJH63;
Use of Proceeds
General corporate purposes