Structured Notes: New deals update

Kick off soccer football 17 Jan 2023
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Recent structured note activity in USD, CAD and EUR.

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USD:

 

  • Citigroup is working on a self-led fixed callable maturing Mar 2028 NC1 that pays 5.15%. Domestic MTN.

     

  • 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 5.78%. Domestic MTN.  

     

  • CIBC is working on a self-led USD extendible with initial maturity Apr 2024 and then extendible to Apr 2025 that pays 5.05%. Domestic MTN.

 

CAD:

 

  • Royal Bank of Canada is working on a self-led CAD extendible with initial maturity Apr 2028 and then extendible to Apr 2033 that pays 5%. Canadian.

 

EUR:

 

  • Banque International Lux issued €2.6m collared FRN due Apr 2026. Coupon pays 3mE capped at 4.25% and floored at 3.25%. Self-led.