Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (780097BB6)
This product is an income product linked to a perpetual subordinated contingent convertible additional tier 1 capital notes that are callable after the first five years of investment and every five years thereafter.The product offers fixed coupon of 8.625% pa paid quarterly. After the fifth year the coupon is calculated as the prevailing Mid-Market Swap Rate on the relevant Reset Determination Dat...
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