| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 320.000 | 15 | Sep-39 | Subordinated | - | BBB+ | BBB+ | Fixed | Tsy | T+190 a | - | 150 | 5.30% | - | 99.77700 |
Tranche Comments
15 yr: Redemption: 2034-09-05; Registration: Reg S Only; Comments: USD320m 15NC10 Tier 2 RegS. NR/BBB+/BBB+. Citi(B&D)/JPM/MS/CathaySec. IPG T+190 area., launch 320m at T+150 vs T 3 ⅞ 08/15/34 @100-12 / 3.829% HR 93%. Resets to CT5+initial 150bp. Tax Call: Yes. Reset Date: 2034-09-05. Regulatory Call: Yes;
Guarantor(s)
Cathay Life Insurance Co Ltd