Structured Notes: New deals update

Dolphin
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Recent structured note activity in USD and EUR.

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USD:

 

  • Societe Generale is working on a self-led $50m fixed callable maturing Jul 2033 NC5 that pays 5.25%. EMTN.

     

  • Goldman Sachs Bank USA is working on a self-led fixed callable maturing Jul 2028 NC1 that pays 10.15%. CD format. Domestic.

     

  • JP Morgan is working on a self-led fixed callable maturing Jul 2028 NC1 that pays 5.5%.  Domestic MTN.   

     

  • JP Morgan is working on a self-led fixed callable maturing Jul 2028 NC2 that pays 5.4%.  Domestic MTN.   

     

  • JP Morgan is working on a self-led fixed callable maturing Jul 2027 NC1 that pays 5.6%.  Domestic MTN.   

     

  • JP Morgan is working on a self-led fixed callable maturing Jul 2033 NC2 that pays 5.5%.  Domestic MTN.   

     

  • JP Morgan is working on a self-led fixed callable maturing Jul 2025 NC1 that pays 5.77%.  Domestic MTN.   

     

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

     

  • HSBC is working on a self-led $31.3m step-up callable maturing Jul 2024 NC6m that pays 5.75% to Jan 2024 and then pays 5.8% thereafter. Eurodollar.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Jul 2028 NC1 that pays 5.6%. Domestic MTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Jul 2033 NC2 that pays 5.56%. Domestic MTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Jul 2025 NC6m that pays 5.65%. Domestic MTN.

 

EUR:

 

  • Goldman Sachs issued up to €80m (max) 12y NC1 callable due Jul 2035. Coupon pays 6.2% with annual calls from Jul 2024. Further details unavailable. Self-led.


  • KfW issued €30m 5y NC1 callable due Jul 2028. Coupon pays 3.75% with annual calls from Jul 2024. Led by BNP Paribas.