Amount: £400m tier one capital
Issue/re-offer price: 100.00
Coupon: 7.586% until 30 January 2020; thereafter coupon steps up by 100bp if not called
Call option: at par from 30 January 2020
Spread at re-offer: 255bp over mid-swaps; 297bp over the 4.75% March 2020 Gilt
Launch date: Friday 18 January ...
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