Structured Notes: New deals update

Liquidity 17 Oct 2022
;
Recent structured note activity in USD.

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:

For the latest weekly wrap of USD structured notes, please see USD MTNs.

 

  • Barclays sold a $100m 5y floating rate Formosa. The EMTN matures Jun 2028 and pays SOFR +140bps. Leads are Bank of Taiwan, Mega, Sinopac, Taishin and Yuanta. Announced Jun 13.  

     

  • IBRD is working on a $500m fixed callable via Wells Fargo maturing June 2028 NC3 that pays 4.50%.  Global MTN. 

     

  • Goldman Sachs is working on a self-led CMS dual ranger maturing June 2027 NC3 that pays SOFR for the first year and then pays 5.1% as long as CMS2y/30y is greater than zero.  EMTN.

     

  • JP Morgan is working on a self-led fixed callable maturing Jun 2025 NC1 that pays 5.58%.  EMTN.

     

  • Citigroup is working on a self-led fixed callable maturing July 2024 NC6m that pays 5.70%. Domestic MTN.

     

  • Santander is working on a self-led fixed callable maturing June 2026 NC1 that pays 13.65%.  EMTN.

     

  • Deutsche Bank is working on a self-led fixed callable maturing June 2026 NC1 that pays 5.7%.  EMTN.

     

  • Deutsche Bank is working on a self-led floating callable maturing June 2026 NC1 that pays SOFR-flat.  EMTN.

     

  • HSBC is working on a self-led step-up callable maturing December 2024 NC1 that pays 4.2% to Dec ‘23, 4.25% June ’24 then 4.3% thereafter.  Eurodollar.

     

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

     

  • UBS is working on a self-led step-up callable maturing June 2025 NC1 that pays 5.4% to 2024 then 5.6% thereafter.  EMTN.

     

  • UBS is working on a self-led floating callable maturing June 2025 NC1 that pays 1y ICE SOFR.  EMTN.

     

  • Toronto Dominion is working on a self-led step-up callable maturing June 2027 NC1 that pays 5.75% to 2025, 6.5% to 2027 then 7% thereafter.  Global MTN.

     

  • Royal Bank of Canada is working on a self-led fixed callable maturing June 2038 NC2 that pays 6%. Global MTN.

     
     
     
     
     
     
     
     
     
     
     
     
     
     

Related Topics

Most Popular