Structured Notes: New deals update

Steep curve 9 Nov 2020
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Recent structured note activity in USD and EUR.

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USD:

 

  • Citigroup is working on a self-led fixed callable maturing Mar 2029 NC3 that pays 4.9%. EMTN.   

     

  • Dow Chemical is working on a self-led fixed callable via InspereX maturing Mar 2053 NC6m that pays 5.8%. Domestic MTN.

     

  • Dow Chemical is working on a self-led fixed callable via InspereX maturing Mar 2033 NC6m that pays 5.15%. Domestic MTN.

     

  • Dow Chemical is working on a self-led fixed callable via InspereX maturing Mar 2028 NC6m that pays 4.7%. Domestic MTN.

 

EUR:

 

  • DZ Bank issued a EUR 4y NC2 callable due May 2027. Coupon pays 2.75% until single call in May 2025 and then steps up to 3% until maturity. Self-led.