Structured Notes: New deals update

Dove alone 1 Jun 2021
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Recent structured note activity in USD.

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USD:

 

  • JP Morgan is working on a self-led CMS-linked note maturing Apr 2038 NC7 that pays 9.35% for the first two years and then pays a coupon linked to CMS30y, floored at zero. EMTN.  

     

  • Credit Agricole is working on a self-led CMS-linked quanto maturing Apr 2038 NC7 that pays 8.52% for the first two years and then paya a coupon tied to the 30y Euribor ICE swap rate, floored at zero. EMTN.

     

  • Credit Industriel et Commercial is working on a self-led CMS-linked note maturing Apr 2038 NC7 that pays 10.5% for the first two years and then pays a coupon linked to CMS30y, floored at zero. EMTN.  

     

  • Toronto Dominion is working on a self-led fixed callable maturing Apr 2025 NC6m that pays 5.35%. GMTN.