| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,250.000 | - | - | - | NR | - | - | Fixed | Tsy | 4.125% a | 3.5-3.75% a | 288.9 | 3.50% | - | 100.00000 |
Tranche Comments
P NC 6: Book size: 4500; Redemption: 2027-01-26; Registration: Reg S Only; Comments: USD1.25bn PNC6 AT1 sukuk RegS. Citi/ENBD/GS/JPM/MUFG/NCBC/StCh(B&D). IPTs 4.125% area, guidance 3.75% area, set 3.5%, launch 1.25bn, bks >4.5bn ex-JLM, peak >5.3bn, >215acs 6mPC. T+288.9 vs T 0 ⅜ 12/31/25 @ 99-20+ / 0.449% and T 0 ⅝ 12/31/27 @ 99-00 / 0.773%. Distribution: ME 46%, Eur 39%, Asia 11%, US O/S 4%. FM 60%, Bks 25%, PB/Agcy 15%. LEI: 549300DJLY2JZABDD193;
Deal Comments
Hybrid Sukuk Bond.
Guarantor(s)
Obligor: The National Commercial Bank