Maturity: Perpetual. Callable from November 7, 2016. If not called coupon steps up by original swap spread + 100bp
Issue/reoffer price: 99.375
Spread at re-offer: 221.5bp over the 4% 4 July 2016 Bund
Launched: Tuesday 31 October
Payment date: 7 November
Lead mgr: BNP Paribas, UBS
Bookrunner's comment:The market is in ...
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