Commentary & Deal Flow

Cooperatieve Rabobank UA/NY (RABOBK) exp Aa2/A+/AA- US$ benchmark 3(a)2 exempt 2-part Senior Preferred (3y fixed and/or floating due 10/17/28). Barc/BNP/BofA/JPM/Rabo/WFS joint active books. Denoms: 250,000 x 1,000. Governing Law: New York. Sale into Canada: Yes - Exemption. UOP: gcp. Pricing 10/9. Settle 10/17 (T+5). CUSIP: 3y FRN: 21688ABQ4, 3y FXD: 21688ABP6. ISIN: 3y FRN: US21688ABQ40, 3y FXD: US21688ABP66. IPTs: T+55-60 and SOFR equiv.