Amount: £500m upper tier two capital
Issue/re-offer price: 100.009
Coupon: 5% until 9 December 2010; three month Libor plus 183bp thereafter
Spread at re-offer: 72bp over 4.75% June 2010 Gilt
Call option: at par from 9 December 2010
Launch date: 1 December
Payment date: 9 December
Joint leads: Merrill Lynch (books), SEB, ...
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