Structured Notes: New deals update

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

Start a free trial to read this article

Join today to access all  Total Derivatives content and breaking news. Already a subscriber? Please Log In to continue reading.


Or contact our Sales Team to discuss subscription options.

Get in Touch
Blurred image of Total Derivatives article content

 

 

USD:

 

  • UBS is working on a self-led $8.445m inflation-linked note maturing Jun 2024 that pays 7.7*(Eurozone CPI NSA-1), floored at zero. Eurodollar.

     

  • Goldman Sachs is working on a self-led $10m CMS linked note maturing Jun 2028 NC1 that pays 8.8% as long as CMS10y is less than or equal to 4%. EMTN.

     

  • Goldman Sachs is working on a self-led $20m fixed to floating callable maturing Jun 2025 NC1 that pays 6.1% for the first year, then pays SOFR rate +1%, floored at zero. EMTN.  

     

  • Goldman Sachs is working on a self-led fixed callable maturing Jun 2033 NC3 that pays 5.6%. Domestic MTN.

     

  • JP Morgan is working on a self-led fixed callable maturing Jun 2026 NC6m that pays 5.5%. Domestic MTN.

     

  • Credit Agricole is working on a self-led $12m fixed callable maturing Jun 2033 NC3 that pays 5.68%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2024 NC1 that pays 5.28%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2024 NC1 that pays 5.1%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2026 NC1 that pays 5.42%. EMTN.

     

  • Toronto Dominion is working on a self-led fixed callable maturing Jun 2025 NC6m that pays 5.7%. GMTN.

     

  • Royal Bank of Canada is working on a self-led fixed callable maturing Jun 2038 NC4 that pays 5.55%. GMTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Jun 2028 NC6m that pays 5.15%. CD format. Domestic.  

     

  • Bank of Montreal is working on a self-led fixed callable maturing Jun 2025 NC6m that pays 5.8%. Domestic MTN.

     

  • Ford Motor Credit is working on a fixed callable via Incap maturing Jun 2028 NC1 that pays 7%. Domestic MTN.

     

  • Dow Chemical is working on a fixed callable via InspereX maturing Jun 2033 NC6m that pays 5.25%. Domestic MTN.

     

  • Dow Chemical is working on a fixed callable via InspereX maturing Jun 2053 NC6m that pays 5.85%. Domestic MTN.

     

  • Dow Chemical is working on a fixed callable via InspereX maturing Jun 2028 NC6m that pays 4.85%. Domestic MTN.

     

  • Ally Financial is working on a fixed callable via InspereX maturing Jun 2026 NC6m that pays 7.2%. Domestic MTN.

 

EUR:

 

  • SPIRE issued €50m EMTN zero-coupon repack due 12 Nov 2041. Sinkable and backed by unspecified repack. Further details unavailable. Led by Credit Suisse.