Structured Notes: New deals update
USD:
- Bank of Montreal is working on a self-led USD extendible with initial maturity Jun 2024 and then extendible to Jun 2026 that pays 6.1%. Domestic MTN.
- Societe Generale is working on a fixed callable maturing Jul 2028 NC1 that pays 5.2%. Lead N/A. EMTN.
- Verizon Communications is working on a fixed callable via InspereX maturing Jul 2030 NC1 that pays 5%. Domestic MTN.
- Verizon Communications is working on a fixed callable via InspereX maturing Jul 2053 NC1 that pays 5.4%. Domestic MTN.
EUR:
- SPIRE sold a €24m CMS-linked repack due 22 Apr 2039. The EMTN pays EUR CMS 10y10y +119bps capped at 7% and floored at 2%. Repack unconfirmed. Lead is Goldman Sachs.
- SPIRE earlier this month sold a €100m floating rate repack due 15 Apr 2029. Coupon and repack unconfirmed. Lead is Citi.
- SPIRE earlier this month sold a €200m floating rate repack due 4 Oct 2038. Coupon and repack unconfirmed. Lead is JPM.