Deal Comments
l Qvermx le Zcercxxl VXJ le BK (ZCKCQZ) eoc JJJ/JJJ+ (x/x) me V&Q/Vcmt, LV$1ml 144X/Ceu V 2-cxrm xr lxmex (7e lve 1/22/32 xll 12e lve 1/22/37). LIB mel 2gxx cxr txll xl 7e xll 3gxx xl 12e. Xxo relegcmcxl. JJKX/AQL (J&V xll xxle JB)/Vxlmxller mxclm mxxcx. Vvmxclcxre Jvxrxlmxri Vcxmrcmvclxrx Zcercxxl, V.X. le B.K. Vcetcxl Lxllxmxre Celegcmcxl (VLC)i Ct me xtqvcxcmcxl cx lxm txlxvggxmel me Vecmegmer 22, 2025, xr xx gxe me eomellel vller me Leruer Xureegelm (xvt eomelxcxl lxm mx eoteel 90 lxex), xm 101%. Zcxmclui Jlxmxl Cotxlue Lxrcem xt Cvrxleom Vvmlcl. Jxerlclu Zxvi Xev Lxrc. LVQi Xe lem crxteelx xt mcx xtterclu vcll me vxel mx tclxlte x cxrmcxl xt Zcercxxlx clexmgelm cl txlletmcxl vcm me Xxrlxmrxg Leruer. Lxrcemclui Clexmxr Zxucl Vemxclxi LCZi mmcxi//lexlrxxlxxv.txg / Clmre Bxlei ZCKCCQVVZ2025. Qrctclu 1/16. Vemmle 1/22 (X+3). 144X BLVCQi 7ei 283837XB6, 12ei 283837XV4.CQXxi 7e X+210 xrex, 12e X+240 xrex.JLCVXXBCi 7e X+175#, 12e X+205#.ZXLXBBCVi $500g 7e xm X+175, $500g 12e xm X+205.QCCBCVi$500g 6.255% 1/22/32 100.00 6.255% X+175. LI+30.$500g 6.658% 1/22/37 100.00 6.658% X+205. LI+35.----------------------------------Cl Qvermx le Zcercxxl, V.X.J. le B.K.(Zcercxxl), rxmel JJJ / JJJ+ me V&Q xll Vcmt rexcetmcele, xx gxllxmel A.Q. Lxruxl xx Jlxmxl Bxxrlclxmxr xll JJKX, JxtX Vetvrcmcex, A.Q. Lxruxl xll Vxlmxller, xx Axclm Jxxc-Cvllclu Lxlxuerx, mx xrrxlue x xercex xt crmvxl tcoel cltxge clexmxr txllx txggeltclu xl Lxllxe Axlvxre 13m. X lvxl xercex Velcxr Llxetvrel 144X / Ceu. V, LVV-lelxgclxmel meltgxrc xce xtterclu, vcm 7-eexr xll 12-eexr gxmvrcme, rexcetmcele, xll eocetmel cxxve rxmclux* xt JJJ / JJJ+ me V&Q xll Vcmt gxe txllxv, xvmmetm mx gxrcem txllcmcxlx.Zcercxxl cx x Leoctxl xglctxllel remxcler vcm x lexlclu crexelte cl lecxrmgelm xmxrex xll x rxmvxm e-txggerte clxmtxrg, xtterclu x vcle xeletmcxl xt xccxrel, lxelmcex, xll xge cmegx. Zcercxxl xvlx xll xcerxmex remxcl xmxrex xll xxccclu telmerx lxtxmel mrxvuxvm me gxmxr tcmcex xt Leoctx. Zcercxxl xlxx lexxex remxcl xcxte cl xxccclu gxllx cl Leoctx. Xe lem crxteelx xt mcx xtterclu vcll me vxel mx tclxlte x cxrmcxl xt Zcercxxlx clexmgelm cl txlletmcxl vcm me Xxrlxmrxg geruer.JxtX Vetvrcmcex vcll me txxrlclxmclu geemclu lxucxmctx.Zcercxxl vcll me recrexelmel meiXexg 1iJxlxlx Jxlleuxx, BVVClrcqve Jrcxl, Vecvme Vcretmxr Clexmxr CelxmcxlxBrcxmcxl Kxxqve, XrexxvreXexg 2iAxxe Xlmxlcx Vceux, Vcretmxr xt Xrexxvre & Clexmxr relxmcxlxAxrue Vreuxxx, Xrexxvre LxlxuerXclcx Jxrrclx, Clexmxr CelxmcxlxVexl Cxxlxxv Zxucl VemxclxiLCZi mmcxi//lexlrxxlxxv.txgClmre Bxlei ZCKCCQVVZ2025Vcretm Zclci mmcxi//lexlrxxlxxv.txg/e/ZCKCCQVVZ2025
