Amount:$600m 144a tier one capital (increased from $300m)
Coupon:7.249% until 19 January 2017; thereafter three month Libor plus 297.5bp
Call option: at par on 19 January 2017
Spread at re-offer:250bp over the 4.625% November 2016 UST
Launch date: Thursday 11 January
Payment date: 18 January
Joint books: JP Morgan, Lehman Brothers
Bookrunner's comment:Lehman— The deal was launched at ...
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