Amount: £120m lower tier two capital
Maturity: 8 July 2016
Issue/re-offer price: 99.463
Coupon: 5.375% until 8 July 2011; thereafter three month Libor plus 100.5bp
Call option: at par from 8 July 2011
Spread at re-offer: 90bp over the March 2012 Gilt
Launch date: 26 May
Payment date: 8 June
Lead mgrs: Barclays Capital, ...
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