P NC 5.25: Redemption: 2022-02-03; Registration: Reg S Only; Comments: USD300m tap of 400m PNC5.25 (3 Feb 2022) AT1 RegS. UBS(B&D)/Alfa. IPTs 8% area; Guidance 7.875% +/- 0.125bp WPIR, final 7.762% yld at 101.00. Books over $430m, close 1500LON. Ba2/BB/BB+. Pricing today;