--Approximately $3.76 billion (pre-transaction) in outstanding state clean water and drinking water revolving funds (NYCMWFA projects - second resolution subordinated
SRF revenue bonds) (the subordinate NYCMWFA SRF bonds).
(NYSE: AIG) has said that it will redeem all of its outstanding 8.000 percent series A-7 junior subordinated
debentures due May 22, 2038, and all of its outstanding 8.625 percent series A-8 junior subordinated
debentures due May 22, 2038 and along with the series A-7 junior subordinated
debentures, on May 22, 2018.
American International Group Inc (NYSE:AIG) declared on Saturday that it will redeem all of its outstanding 8.000% series A-7 junior subordinated
debentures due 22 May 2038 (ISIN No XS0365324838 (144A)/XS0365323608 (Reg S)) (the series A-7 junior subordinated
debentures) and all of its outstanding 8.625% series A-8 junior subordinated
debentures due 22 May 2038 (ISIN No XS0365317113 (144A)/XS0365314284 (Reg.
(NYSE: CIT) has announced the pricing of a public offering of USD 500 million aggregate principal amount of senior unsecured notes due 2021 (the "2021 Notes"), USD 500 million aggregate principal amount of senior unsecured notes due 2025 (the "2025 Notes" and, together with the 2021 Notes, the "Senior Notes") and USD 400 million aggregate principal amount of subordinated
notes due 2028 (the "Subordinated
Notes" and, together with the Senior Notes, the "Notes"), the company said.
The intent of the issuer's proposal is to convert the "plain vanilla" subordinated
debt security into a Basel III-compliant Tier two capital instrument, keeping the same aforementioned ISIN number.
Moody's Investors Service has assigned a (P)Baa3 rating to the amended subordinated
notes component of Macquarie Bank Limited's (MBL, A2/A2 stable, baa1 stable) existing USD 20 billion Rule 144A/Regulation S Medium-Term Note Programme.
Turtle Beach Corporation (NASDAQ: HEAR) said it has issued a USD5.0 million subordinated
note to SG VTB Holdings, LLC.
Moody's said bank muscat's long-term global foreign currency subordinated
debt programme rating of (P)A2 has been downgraded to (P)A3.
However, some disqualified capital must be deducted gradually, including subordinated
bonds and deferred income-tax assets, inflicting the pressure of capital increment on some banks.
Fitch said the review is part of a broad review of Fitch-rated subordinated
on Friday offered 103.2 billion yen in subordinated
bonds to cover redemptions of earlier-issued straight and subordinated