Structured Notes: New deals update

USD:

• Royal Bank of Canada is working on a self-led USD extendible with initial maturity Mar 2025 and then extendible to Mar 2033 that pays 6.15%. Domestic MTN.

   

• Standard Chartered is working on a self-led $55m fixed callable maturing Mar 2028 NC2 that pays 5.6%. EMTN.  

   

• HSBC is working on a self-led step-up callable maturing Mar 2025 NC1 that pays 4.72% to Mar 2024 and 4.82% thereafter. Domestic MTN.

   

• Toronto Dominion is working on a self-led fixed callable maturing Mar 2029 NC3m that pays 6%. GMTN.

   

• Royal Bank of Canada is working on a self-led fixed callable maturing Mar 2026 NC1 that pays 5.5%. GMTN.

   

• Standard Chartered Bank is working on a fixed callable maturing Mar 2025 NC1 that pays 5.2%. EMTN.

EUR:

• Kuntarahoitus issued €100m 20y NC2 callable due Mar 2043. Coupon pays 4.47% with single call in Mar 2025. Led by Goldman Sachs.

  
  

• CIC issued €10m 15y NC10 callable due Mar 2038. Coupon pays 4.5% with single call in Mar 2033. Led by Deutsche Bank.

  
  

• CIC last week issued €20m 15y NC10 callable due Mar 2038. Coupon pays 4.36% with single call in Mar 2033. Led by JP Morgan.

  
  

• Credit Agricole last week issued €6m 10y NC2 Green callable due Mar 2033. Coupon pays 4.54% with single call in Mar 2025. Self-led.

  
  

• KfW issued €30m 7y NC2 due Mar 2031. Coupon pays 4.07% with single call in Mar 2025. Led by BNP Paribas.

  
  

• KfW last week issued €70m 10y NC1 callable due Mar 2033. Coupon pays 4% with calls in Mar 2024 and Mar 2026. Led by Goldman Sachs.

  
  

• National Bank of Canada last week issued €10m CMS-linked note due Mar 2031. Coupon pays 5.5 * EUR 2s/20s capped at 10% and floored at zero. Led by UBS.

  
  

• Credit Agricole last week issued €25m CMS-linked note due Mar 2035. Coupon pays EUR 20y capped at 5.5% and floored at 3%. Self-led.

  
  

• Citigroup last week issued €25m Green CMS-linked note Mar 2035. Coupon pays EUR 20y +143bps capped at 5% and floored at 3%. Self-led.

  
  

• Citigroup last week issued €2m CMS-linked note due Mar 2038. Coupon pays 1.47 * EUR 20y floored at zero. Self-led.

  
  

• Natixis last week issued €50m 20y CMS-linked note due Mar 2035. Further details unavailable. Self-led.