| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 250.000 | 10.5 | Jan-34 | Subordinated | - | - | BBB | Fixed | G | 8.75-8.875% | - | 410 | 8.50% | - | 100.00000 |
Tranche Comments
10.5 yr: Book size: 725; First Pay: 2024-01-06; Registration: Reg S Only; Comments: GBP250m 10.5yr Tier 2 bmk RegS. NR/NR/BBB. HSBC/Lloyds(B&D)/UBS. IPTs 8.75%-8.875% (s/a coupon), set 250m at 8.5%. Final books 725m+. UKT 4.5% 09/2034 @ (100.89) mid/ 4.398% / G+410. Tender offer of 5.5% due Jul24. FTT: 4pm. Regulatory Call: Upon Capital Disqualification Event or a Ratings Methodology Event. Tax Call: Yes. Par Call: 6m. Cleanup Call: 80%. LEI: 213800FGVM7Z9EJB2685;
Use of Proceeds
Refinancing and general business and commercial activities