29 August 2023: Wealth Product Ideas
| Ticker and ISIN | BATSLN 5.931 02/02/29 Corp (US05530QAQ38) |
| Issuer | British American Tobacco |
| Country | United Kingdom |
| Currency | USD |
| Industry | Tobacco (BCLASS) |
| Coupon rate | 5.931% |
| Coupon frequency | Semi-annual |
| Maturity | 02/02/2029 (MAKE WHOLE @30.000 until 01/02/29/ CALL 01/02/[email protected]) |
| Ratings | Baa2 (Moody’s) / BBB+ (S&P) / BBB (Fitch)/ BBB (Composite) |
| YTM | 6.172% |
| Amount issued | 1,000,000,000 |
(Source: Bloomberg)
| Ticker and ISIN | DTRGR 5.6 08/08/25 Corp (USU2340BAS61) |
| Issuer | Daimler Truck Holdings |
| Country | United States |
| Currency | USD |
| Industry | Automotive (BCLASS) |
| Coupon rate | 5.60% |
| Coupon frequency | Semi-annual |
| Maturity | 08/08/2025 (MAKE WHOLE @15.000 until 08/08/25/BULLET) |
| Ratings | A3 (Moody’s) / BBB+ (S&P) / BBB+ (Composite) |
| YTM | 5.830% |
| Amount issued | 600,000,000 |
(Source: Bloomberg)
