Structured Notes: New deals update
USD:
- Standard Chartered is working on a self-led fixed callable maturing Mar 2033 NC2 that pays 6.1%. EMTN.
- Citigroup is working on a self-led $10m floating callable maturing Mar 2033 NC4 that pays a O/N SOFR +121bps. EMTN.
- Societe Generale is working on a self-led $30m fixed callable maturing Mar 2038 NC7 that pays 5.465%. EMTN.
- JP Morgan sold a $50m 10y NC2 fixed callable Formosa. The EMTN matures Mar 2033, is callable annually from Mar 2025 and pays a coupon of 5.60%. Leads are Sinopac and KGI. Announced Mar 2.
- Barclays is working on a self-led fixed callable maturing Mar 2026 NC3m that pays 4.9%. Private placement.
- Citigroup is working on a self-led fixed callable maturing Mar 2028 NC3 that pays 5.55%. Domestic MTN.
- Toronto Dominion is working on a self-led fixed callable maturing Mar 2024 NC3m that pays 5.65%. GMTN.
EUR:
- Rentenbank issued €40m 6y NC3 callable due Mar 2029. Coupon pays 3.5% with single call in Mar 2026. Led by DZ Bank.