The issue (ISIN XS0808632763), for an amount of EUR 525 million, was five times oversubscribed in the primary market.
The bond is a perpetual issue, and therefore has no maturity date, with an annual coupon of 5.75% until February 2018. From then, the coupon rate will be variable based on the five year swap rate. The first call date is in 2018 and every five years thereafter.[/QUOTE