Guarantor: Vero Insurance Limited
Amount: £200m lower tier two capital
Maturity: 13 June 2027
Issue/re-offer price: 99.75
Coupon: 6.25% until 13 June 2017; thereafter coupon steps up to three month Libor plus 172bp if not called
Call option: at par from 13 June 2017Spread at re-offer: 112bp over the ...
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