Tranche 1: £500m subordinated debt
Issue/re-offer price: 98.499
Coupon: 6.75% until 12/07/27; 7.75% thereafter
Call option: at par from 12/07/27
Spread at re-offer: 185bp over the 6% December 2028 GiltTranche ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com