英国保诚集团将发最高7.25亿美元永续NC5 Tier 2债券

英国保诚集团（Prudential plc，A2/A+/A）即将发行一笔永续NC5、美元基准规模（最高7.25亿美元）、Tier 2、固定利息美元债券。这笔债券由Prudential plc发行，预期评级A3/A-/BBB+。 Prudential plc总部位于伦敦，是一家跨国人寿保险公司及金融服务提供商。Prudential在亚洲的12个市场中拥有1300万客户，是香港、印度、印度尼西亚、马来西亚、新加坡、菲律宾和越南排名前三的寿险公司；在英国，Prudential plc拥有700万客户。此外，Prudential plc还持有美国最大的人寿保险公司之一的Jackson National Life Insurance Company，以及专注于欧洲市场的资产管理公司M&G Investment（截至2014年6月，M&G Investment管理5470亿欧元资产）。 2015年，Prudential plc营收413亿欧元、净收入（net income）为25.8亿欧元。 此次发行的簿记人为巴克莱银行、法国巴黎银行（BNP Paribas）、花旗、德意志银行、高盛和美林（Merrill Lynch）。 这笔债券的详细条款如下： Issuer: Prudential plc Instrument: USD Undated Tier 2 Notes Ranking: The Notes and any relative Coupons constitute direct, unsecured and subordinated obligations of the Issuer and rank at least pari passu with all other Tier 2 obligations and in priority to the claims of all Tier 1 capital holders and holders of share capital Issuer Ratings: A2/A+/A, All Stable (Moody’s/S&P/Fitch) Instrument Ratings: A3/A-/BBB+ (Expected) Maturity: Perpetual Non-Call 5 Day Count: 30/360 Amount: USD benchmark, maximum of $725m Issuer Call Option: 20 October 2021 and every interest payment date thereafter Interest: Fixed for life, quarterly in arrear, short first on 20 October 2016 Interest Deferral: Optional deferral, subject to dividend pusher with six month look back and mandatory deferral upon breach of the Solvency Condition, Solvency Capital Requirement or Minimum Capital Requirement Deferred Interest: Deferred interest will be settled in cash and may be paid at any time at the Issuer’s discretion and must be paid on the redemption or purchase of the Notes or winding-up of the Issuer Special Event Redemption: Optional call (in whole but not in part) at par at any time upon the occurrence of a Tax Event, Regulatory Event or Rating Event, provided that any redemption prior to the fifth anniversary of the issue date of the Notes is funded out of the proceeds of a new issuance of capital of the same or higher quality Substitution/Variation: Permitted substitution (in whole but not in part) or variation of the Notes at any time into Qualifying Tier 2 Capital upon the occurrence of a Tax Event or Regulatory Event Denoms/Listing: $200,000 + $1,000 / London Stock Exchange Subscription and Sale: Selling Restrictions: USA (Reg S, TEFRA D Rules Apply, no communication with or into the US) no sales to Canada, UK, Italy, Belgium, Hong Kong, France, Japan Joint Books: Barclays Bank PLC, Singapore Branch / BNP Paribas Singapore Branch / Citigroup Global Markets Singapore Pte. Ltd./ Deutsche Bank AG, Singapore Branch / Goldman Sachs (Singapore) Pte. / Merrill Lynch (Singapore) Pte Ltd.