Amount: £500m of tier two capital
Maturity: 21 April 2022
Issue/re-offer price: 100.00
Spread at re-offer: 429.7bp over March 2022 Gilt
Launched: Friday 15 April
Payment date: 21 April
Joint books: Barclays Capital, RBC Capital
Bookrunners comment:This was always conceived as part of the financing for Axas life insurance business which Resolution ...
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