Amount: Eu200m tier one capital
Issue/re-offer price: 100.00
Coupon: 5.75% until 22/07/13; thereafter three month Euribor plus 275bp
Call option: at par on 22/07/13
Spread at re-offer: 175bp over mid-swaps; 182.7bp over the 3.75% July 2013 Bund
Launched: Tuesday July 15
Lead mgr: UBS
Market appraisal:"...this went really well. SNS is a very frequent issuer ...
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