Loss Absorption Disqualification Event Redemption definition

Loss Absorption Disqualification Event Redemption. The Notes are also redeemable as described under “Description of Senior Notes—Loss Absorption Disqualification Event Redemption” in the Preliminary Prospectus Supplement.
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Loss Absorption Disqualification Event Redemption. The 2029 notes are also redeemable as described under “Description of Senior Notes—Loss Absorption Disqualification Event Redemption” in the Preliminary Prospectus Supplement. Margin: 222 bps (the “2029 Notes Margin”) Benchmark Treasury: UST 4.375% due August 31, 2028 Spread to Benchmark Treasury: 205 bps Xxxxxxx Xxxxx: 6.490% Price to Public: 100.000% Underwriting Discount: 0.325% Net Proceeds: $1,245,937,500 Sole Bookrunner: Barclays Capital Inc. Senior Co-Managers: BBVA Securities Inc., CIBC World Markets Corp., ING Financial Markets LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., Santander US Capital Markets LLC, SG Americas Securities, LLC, Standard Chartered Bank, TD Securities (USA) LLC Co-Managers: Xxxxxxxx Van, LLC, BNY Mellon Capital Markets, LLC, Independence Point Securities LLC, Loop Capital Markets LLC, PNC Capital Markets LLC, SEB Securities, Inc., Xxxxxxx Xxxxxxxx Xxxxx & Co., LLC, Xxxxx Brothers & Co., Westpac Banking Corporation Risk Factors: An investment in the 2029 notes involves risks. See “Risk Factors” section beginning on page S-26 of the Preliminary Prospectus Supplement. Denominations: $200,000 and integral multiples of $1,000 in excess thereof. ISIN/CUSIP: US06738ECK91/06738E CK9 Legal Entity Identifier (“LEI”) Code: 213800LBQA1Y9L22JB70 Settlement: The Depository Trust Company; Book-entry; Transferable Documentation: To be documented under the Issuer’s shelf registration statement on Form F-3 (No. 333-253693) and to be issued pursuant to the Senior Debt Securities Indenture dated January 17, 2018 (as heretofore amended and supplemented), between the Issuer and The Bank of New York Mellon, London Branch, as trustee (the “Trustee”), as amended and supplemented by the Fifteenth Supplemental Indenture, to be entered into on or about the Issue Date, between the Issuer, the Trustee and The Bank of New York Xxxxxx XX/NV, Luxembourg Branch, as Senior Debt Security Registrar.
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Loss Absorption Disqualification Event Redemption. The 2034 notes are also redeemable as described under “Description of Senior Notes—Loss Absorption Disqualification Event Redemption” in the Preliminary Prospectus Supplement. Margin: 262 bps (the “2034 Notes Margin”) Benchmark Treasury: UST 3.875% due August 15, 2033 Spread to Benchmark Treasury: 240 bps Xxxxxxx Xxxxx: 6.692% Price to Public: 100.000% Underwriting Discount: 0.450% Net Proceeds: $1,493,250,000 Sole Bookrunner: Barclays Capital Inc. Senior Co-Managers: BMO Capital Markets Corp., CaixaBank, S.A., Commerz Markets LLC, Lloyds Securities Inc., Natixis Securities Americas LLC, Nomura Securities International, Inc., Nordea Bank Abp, RB International Markets (USA) LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc, Xxxxx Fargo Securities, LLC Co-Managers: AmeriVet Securities, Inc, Citizens JMP Securities, LLC, Commonwealth Bank of Australia, Xxxxxxxxxx Securities Inc., Great Pacific Securities, Penserra Securities LLC, X. Xxxxxxx & Co., LLC, Regions Securities LLC, Telsey Advisory Group LLC, U.S. Bancorp Investments, Inc.
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Examples of Loss Absorption Disqualification Event Redemption in a sentence

  • In such circumstances, the Company shall promptly provide notice to the Trustee, the Paying Agent, the Calculation Agent and the Holders of such Notes that the Loss Absorption Disqualification Event Redemption Option does not apply; provided that failure to provide such notice will have no impact on the effectiveness of, or otherwise invalidate, any such determination.

  • In such circumstances, the Issuer shall promptly provide notice to the Trustee, the Paying Agent, the Calculation Agent and the Holders that the Loss Absorption Disqualification Event Redemption Option does not apply; provided that failure to provide such notice will have no impact on the effectiveness of, or otherwise invalidate, any such determination.

  • In such circumstances, the Company shall promptly provide notice to the Trustee, the Paying Agent, the Calculation Agent and the Holders that the Loss Absorption Disqualification Event Redemption Option does not apply; provided that failure to provide such notice will have no impact on the effectiveness of, or otherwise invalidate, any such determination.

  • Following the occurrence of a Loss Absorption Disqualification Event, the Company may, within 90 days of the occurrence of the relevant Loss Absorption Disqualification Event, in its sole discretion, redeem the Notes in whole, but not in part (such option to redeem being referred to herein as a “ Loss Absorption Disqualification Event Redemption Option”), at a Redemption Price equal to 100% of their principal amount, plus any accrued and unpaid interest to (but excluding) the applicable Redemption Date.

  • Following the occurrence of a Loss Absorption Disqualification Event, the Company may, within 90 days of the occurrence of the relevant Loss Absorption Disqualification Event, in its sole discretion, redeem the Notes in whole, but not in part (such option to redeem being referred to herein as a “ Loss Absorption Disqualification Event Redemption Option”), at a redemption price equal to 100% of their principal amount, plus any accrued and unpaid interest to (but excluding) the applicable Redemption Date.


More Definitions of Loss Absorption Disqualification Event Redemption

Loss Absorption Disqualification Event Redemption. The 2026 notes are also redeemable as described under “Description of Senior Notes—Loss Absorption Disqualification Event Redemption” in the Preliminary Prospectus Supplement. Margin: 305 bps (the “2026 Notes Margin”) Benchmark Treasury: UST 4.250% due October 15, 2025 Spread to Benchmark: 305 bps Xxxxxxx Xxxxx: 7.325% Price to Public: 100.000% Underwriting Discount: 0.250% Net Proceeds: $1,496,250,000 Sole Bookrunner: Barclays Capital Inc. Senior Co-Managers: BNP Paribas Securities Corp., Intesa Sanpaolo S.p.A., Nomura Securities International, Inc., Skandinaviska Enskilda Xxxxxx XX (publ), Standard Chartered Bank, TD Securities (USA) LLC, UBS Securities LLC Co-Managers: Academy Securities, Inc., ANZ Securities, Inc., X.X. Xxxx & Associates, Inc., Great Pacific Securities, PNC Capital Markets LLC, Rabo Securities USA, Inc.
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Loss Absorption Disqualification Event Redemption. The floating rate notes are also redeemable as described under “Description of Senior Notes—Loss Absorption Disqualification Event Redemption” in the Preliminary Prospectus Supplement. Margin: 149 bps (the “Floating Rate Notes Margin”) Price to Public: 100.000% Underwriting Discount: 0.250% Net Proceeds: $498,750,000 Sole Bookrunner: Barclays Capital Inc. Senior Co-Managers: CIBC World Markets Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Intesa Sanpaolo IMI Securities Corp., X.X. Xxxxxx Securities LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., UBS Securities LLC, Xxxxx Fargo Securities, LLC Co-Managers: Academy Securities, Inc, Bank of China Limited, London Branch, X.X. Xxxx & Associates, Inc., Falcon Square Capital LLC, MFR Securities, Inc., Xxxxxx X. Xxxxxxx & Company, Inc., Swedbank AB (publ), Truist Securities, Inc.
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Related to Loss Absorption Disqualification Event Redemption

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days prior written notice.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Redemption Event has the meaning set forth in Section 3.4.

  • Redemption Rescission Event means the occurrence of (a) any general suspension of trading in, or limitation on prices for, securities on the principal national securities exchange on which shares of Common Stock or Marketable Securities are registered and listed for trading (or, if shares of Common Stock or Marketable Securities are not registered and listed for trading on any such exchange, in the over-the-counter market) for more than six-and-one-half (6-1/2) consecutive trading hours, (b) any decline in either the Dow Xxxxx Industrial Average or the S&P 500 Index (or any successor index published by Dow Xxxxx & Company, Inc. or S&P) by either (i) an amount in excess of 10%, measured from the close of business on any Trading Day to the close of business on the next succeeding Trading Day during the period commencing on the Trading Day preceding the day notice of any redemption of Securities is given (or, if such notice is given after the close of business on a Trading Day, commencing on such Trading Day) and ending at the time and date fixed for redemption in such notice or (ii) an amount in excess of 15% (or if the time and date fixed for redemption is more than 15 days following the date on which such notice of redemption is given, 20%), measured from the close of business on the Trading Day preceding the day notice of such redemption is given (or, if such notice is given after the close of business on a Trading Day, from such Trading Day) to the close of business on any Trading Day at or prior to the time and date fixed for redemption, (c) a declaration of a banking moratorium or any suspension of payments in respect of banks by Federal or state authorities in the United States or (d) the occurrence of an act of terrorism or commencement of a war or armed hostilities or other national or international calamity directly or indirectly involving the United States which in the reasonable judgment of the Company could have a material adverse effect on the market for the Common Stock or Marketable Securities.

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

  • Automatic Early Redemption Event means that:

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Application Event means the occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be applied pursuant to Section 2.4(b)(iii) of this Agreement.

  • Disqualification Event shall have the meaning ascribed to such term in Section 3.1(rr).

  • Liquidation Event With respect to any Mortgage Loan, any of the following events: (i) such Mortgage Loan is paid in full; (ii) a Final Recovery Determination is made as to such Mortgage Loan; or (iii) such Mortgage Loan is removed from REMIC I by reason of its being purchased, sold or replaced pursuant to or as contemplated by Section 2.03, Section 3.16(a) or Section 9.01. With respect to any REO Property, either of the following events: (i) a Final Recovery Determination is made as to such REO Property; or (ii) such REO Property is removed from REMIC I by reason of its being purchased pursuant to Section 9.01.

  • Special Redemption and Liquidation Period shall be as set forth in the Prospectus under "Summary of Essential Information."

  • Specific Redemption Provisions means, with respect to a Special Dividend Period either, or any combination of, (i) a period (a "Non-Call Period") determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during which the shares of AMPS subject to such Dividend Period shall not be subject to redemption at the option of the Corporation and (ii) a period (a "Premium Call Period"), consisting of a number of whole years and determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during each year of which the shares of AMPS subject to such Dividend Period shall be redeemable at the Corporation's option at a price per share equal to $25,000 plus accumulated but unpaid dividends plus a premium expressed as a percentage of $25,000, as determined by the Board of Directors of the Corporation after consultation with the Auction Agent and the Broker-Dealers.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).

  • Distribution Event means any insolvency, bankruptcy, receivership, liquidation, reorganization or similar proceeding (whether voluntary or involuntary) relating to the Company or its property, or any proceeding for voluntary or involuntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Mandatory Trigger Provision means, as to any Qualifying Capital Securities, provisions in the terms thereof or of the related transaction agreements that: