Tinkoff Bank mandated banks to arrange Additional Tier 1 perpetual LPN offering
A Reg S/144A US$-denominated benchmark subordinated Basel III based Additional Tier 1 perpetual non-call 5.25-year Loan Participation Notes offering with expected ratings of B- by Fitch and B3 by Moody's will follow, subject to market conditions.
- A Reg S/144A US$-denominated benchmark subordinated Basel III based Additional Tier 1 perpetual non-call 5.25-year Loan Participation Notes offering with expected ratings of B- by Fitch and B3 by Moody's will follow, subject to market conditions.
- Manufacturer target market (EEA MIFID II / UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).
- No EEA or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK.
- Similar ratings for different types of issuers and on different types of notes do not necessarily mean the same thing.