.png){kind=logo}
GC Asia
National Commercial Bank USD1.25bn 3.5% PNC6 AT1
Rating: A1/BBB+/A-
Amount: $1.25bn Reg S AT1
Maturity: Perpetual (PNC6)
Issue/reoffer price: 100.00
Coupon: 3.5%
Spread at reoffer: 288.900bp over US Treasuries
Launched: Wednesday, 20 January
Payment date:26 January
Joint books: Citi, Emirates NBD Capital, Goldman Sachs, JP Morgan, MUFG, NCB Capital, Standard Chartered
Bookrunners’ comment:
NCB was ...Already a subscriber? Login
-
Latest news from Emerging Markets
-
EM bonds start to suffer as UST volatility takes toll
25 Feb 2021 -
Banks and investors’ backing of fossil fuels clash with their climate pledges
25 Feb 2021 -
Petbra bonds recover but CEO sacking raises Brazil doubts
25 Feb 2021 -
Finance is fossilised
25 Feb 2021 -
Serbia EUR1bn 1.65% March 33
25 Feb 2021
-
-
Latest news from Emerging Markets
-
EM bonds start to suffer as UST volatility takes toll
25 Feb 2021 -
Banks and investors’ backing of fossil fuels clash with their climate pledges
25 Feb 2021 -
Petbra bonds recover but CEO sacking raises Brazil doubts
25 Feb 2021 -
Finance is fossilised
25 Feb 2021 -
Serbia EUR1bn 1.65% March 33
25 Feb 2021
-
