Structured Notes: New deals update

Soft landing parachute 13 Jun 2022
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Recent structured note activity in USD and CAD.

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USD:

 

  • Citigroup is working on a self-led fixed callable maturing Apr 2024 NC3m that pays 5%. Domestic MTN.

     

  • Toronto Dominion is working on a self-led USD extendible with initial maturity Apr 2025 and then extendible to Apr 2028 that pays 5.3% to Apr 2024, then pays 5.4%, 5.6%, 5.8% and 6.1%, stepping up annually. Domestic MTN.  

     

  • Jefferies is working on a self-led fixed callable maturing Apr 2029 NC1 that pays 6%. Domestic MTN. 

 

CAD:

 

  • Royal Bank of Canada is working on a self-led CAD extendible with initial maturity Oct 2024 and then extendible to Apr 2025 that pays 4.85%. Canadian.