Structured Notes: New deals update

Butterfly
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Recent structured note activity in USD and EUR.

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USD:

 

  • Morgan Stanley is working on a self-led fixed callable maturing Jun 2033 NC2 that pays 5.3%. Domestic MTN.

     

  • JP Morgan is working on a self-led fixed callable maturing Jun 2026 NC1 that pays 5.4%. Domestic MTN.

     

  • JP Morgan is working on a self-led fixed callable maturing Jun 2026 NC2 that pays 5.3%. Domestic MTN.

     

  • Barclays is working on a self-led fixed callable maturing Jun 2033 NC1 that pays 5.75%. GMTN. 

     

  • UBS is working on a self-led step-up callable maturing Jun 2024 NC6m that pays 5.3% to Dec 2023 and 5.31% thereafter. EMTN.   

     

  • UBS is working on a self-led step-up callable maturing Jun 2024 NC11m that pays 5.2% to Dec 2023 and 5.21% thereafter. EMTN.   

     

  • UBS is working on a self-led fixed callable maturing Jul 2025 NC1 that pays 4.25%. EMTN. Credit linked to BofA.  

     

  • UBS is working on a self-led fixed callable maturing Jun 2025 NC1 that pays 5.56%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2025 NC1 that pays 5.5%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2025 NC1 that pays 5.64%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2024 NC1 that pays 5.26%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Jun 2026 NC1 that pays 5.55%. Domestic MTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Jun 2026 NC6m that pays 5.7%. Domestic MTN.

 

EUR:

 

  • CIC issued €94.6m inflation-linked EMTN due 15 Dec 2035. Coupon pays 4% fixed for the first year. It then pays EUR HICPx +1.4% capped at 6% and floored at 1.4%. Led by DB.