Product Description
The Notes offer pre-determined quarterly Fixed Coupons (as defined below) of 1.90% annually for the first 2 years and quarterly Floating Coupons (as defined below) for the next 3 years equal to the 3-Month USD LIBOR plus a spread of 0.60% (the “Spread”), subject to a maximum of 3.00% annually. All payments under the Notes will be in American dollars. The Notes are principal-protected at maturity.