| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 550.000 | 3.25 | Apr-22 | Senior | - | - | BBB- | Fixed | YLD | 7.50% a | 7.125% | - | 7.13% | - | 100.00000 |
| USD | 450.000 | 5 | Apr-24 | Senior | - | - | BBB- | Fixed | YLD | 8.50% a | 8.25-8.375% | - | 8.00% | - | 98.98500 |
Tranche Comments
3.25 yr: Book size: 1600; Redemption: 2021-01-25; Registration: Reg S Only; Comments: USD550m 3.25yr 7.125% Fxd. bmk, snr Reg S only. BBB-. UBS/GS/HSBC/JPM. 7.125%. 7.5% area. Refinance;
5 yr: Book size: 900; Registration: Reg S Only; Comments: USD450m 5yr 8.000% Fxd. bmk, snr Reg S only. BBB-. UBS/GS/HSBC/JPM. 8.25%-8.375%. 8.5% area. Refinance;
Deal Comments
USD450m tap of 8.0% due 4/27/2024
Guarantor(s)
Certain of the Issuer’s Restricted Subsidiaries outside the PRC
Use of Proceeds
Refinancing