Structured Notes: New deals update

Christmas hike 18 Oct 2021
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Recent structured note activity in USD and EUR.

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USD:

 

 

  • Goldman Sachs sold a $152m floating rate Formosa due Apr 2028 paying O/N SOFR +132bps floored at 0%. The EMTN was led by Mega, Sinopac and Taishin. Announced Mar 27. 

     

  • Goldman Sachs is working on a self-led fixed callable maturing Apr 2027 NC6m that pays 6%. Domestic MTN.  

     

  • Citigroup is working on a self-led fixed callable maturing Apr 2028 NC1 that pays 4.8%. EMTN.  

     

  • Royal Bank of Canada is working on a fixed callable maturing Apr 2030 NC2 that pays 5.5%. GMTN.

     

  • Bank of Montreal is working on a fixed callable maturing Apr 2028 NC6m that pays 4.8%. CD format. Domestic.

     

  • Societe Generale is working on a self-led fixed callable maturing Jul 2026 NC1 that pays 5.74%. Credit linked. EMTN.

     

  • Societe Generale is working on a self-led fixed callable maturing Jul 2028 NC6m that pays 3.39%. Credit linked. EMTN.

     

  • Societe Generale is working on a self-led fixed callable maturing Jul 2026 NC1 that pays 5.73%. Credit linked. EMTN.

     

  • GM Financial is working on a fixed callable via InspereX maturing Apr 2029 NC1 that pays 5.85%. Domestic MTN. 

 

EUR:

 

  • Helaba issued EUR 5y NC1 callable due Apr 2028. Coupon pays 3.15% with single call in Apr 2024. Self-led.