porchetto
la casa non fallisce
questa deve essere na mezza sola, che ne dite?
Issuer Societe Generale
Country: Francia
Sector: Banking
Issuer Ratings: A / A2 / A+ (S/M/F)
Expected Ratings: BBB+ (Fitch)
Type: Dated Subordinated Tier 2 Notes
Size: € Benchmark
Maturity: 10yr - [7th] June 2023
Settlement: [7th] June 2013
Coupon: Fixed, Annual, Act/Act ICMA
IPT: MS (1.73) + 230-240
Issuer calls: Redemption at par plus accrued interest upon, (i) Capital Event (the Notes being fully excluded from Tier 2 capital), or (ii) Tax Event (loss of tax deductibility, imposition of withholding tax or gross-up)
Variation/Substitution: Subject to certain conditions the Issuer may at any time substitute all (but not some) of the Notes, or vary the terms of all (but not some) of the Notes, without any requirement for the consent or approval of the Holders so that they become or remain Qualifying T2 Notes and have terms not materially less favourable to the Holders than the terms of the Notes
Point of non-viability: Within the risk factors. Reference to CMD and the French draft banking bill
Listing: Luxembourg
Governing Law: English Law (and French for subordination)
Denoms: €100k + €100k
Docs: Issuer’s EMTN Programme, dated 29th April 2013
Format: NGN
Selling Restriction: US (Reg S only)
Sole Bookrunner: SG CIB
Joint leads (no books): Banca IMI, BBVA, Danske
Timing: Books open, expect today’s business
5Y CDS SUB 242.50 b.p.
Emissioni esistenti sul mercato:
SOCGEN 6 ⅛ 08/20/18 LT2 YTM: 2.45%
SOCGEN 4 ½ 03/12/19 LT2 YTM: 2.21%
Issuer Societe Generale
Country: Francia
Sector: Banking
Issuer Ratings: A / A2 / A+ (S/M/F)
Expected Ratings: BBB+ (Fitch)
Type: Dated Subordinated Tier 2 Notes
Size: € Benchmark
Maturity: 10yr - [7th] June 2023
Settlement: [7th] June 2013
Coupon: Fixed, Annual, Act/Act ICMA
IPT: MS (1.73) + 230-240
Issuer calls: Redemption at par plus accrued interest upon, (i) Capital Event (the Notes being fully excluded from Tier 2 capital), or (ii) Tax Event (loss of tax deductibility, imposition of withholding tax or gross-up)
Variation/Substitution: Subject to certain conditions the Issuer may at any time substitute all (but not some) of the Notes, or vary the terms of all (but not some) of the Notes, without any requirement for the consent or approval of the Holders so that they become or remain Qualifying T2 Notes and have terms not materially less favourable to the Holders than the terms of the Notes
Point of non-viability: Within the risk factors. Reference to CMD and the French draft banking bill
Listing: Luxembourg
Governing Law: English Law (and French for subordination)
Denoms: €100k + €100k
Docs: Issuer’s EMTN Programme, dated 29th April 2013
Format: NGN
Selling Restriction: US (Reg S only)
Sole Bookrunner: SG CIB
Joint leads (no books): Banca IMI, BBVA, Danske
Timing: Books open, expect today’s business
5Y CDS SUB 242.50 b.p.
Emissioni esistenti sul mercato:
SOCGEN 6 ⅛ 08/20/18 LT2 YTM: 2.45%
SOCGEN 4 ½ 03/12/19 LT2 YTM: 2.21%