| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 550.000 | 6 | May-25 | Sr. Secured | B2 | B | - | Floating | 3mEu | 3mEu+Low 400s | 3mEu+425 | 412.5 | 3mEu+412.5 | - | 100.00000 |
| EUR | 306.000 | 6.5 | Nov-25 | Senior | - | B- | - | Fixed | B | Low-Mid 8.00% | 8.75-9.00% | 938 | 9.00% | - | 100.00000 |
Tranche Comments
6 yr: First Pay: 2019-08-15; Registration: 144A/Reg S; Comments: EUR550m 6NC1 snr sec FRN. With EUR306m 6.5NC2 PIYC. GloCos JPM(B&D/phys)/CS/KKR/MS. JB CA-CIB. IPTs low 4s, talk E+425. Tax Call: No. PP: No. XD: No. LEI: 213800PC85O8BJ7DU398;
6.5 yr: First Pay: 2019-11-15; Registration: 144A/Reg S; Comments: EUR306m 6.5NC2 PIYC. With EUR550m 6NC1 snr sec FRN. GloCos JPM(B&D/phys)/CS/KKR/MS. JB CA-CIB. IPTs low/mid 8s (cash pay), talk 8.75%/9% (+0.75% PIK). B+938 vs DBR 1% 8/25. PIK interest at 9.75% . Tax Call: No. PP: No. XD: No. LEI: 724500EOJYP21L3XM206;
Deal Comments
Issuer(6yr): United Group BV
Use of Proceeds
6yr: Refinancing, repay RCF/local lines drawings; 6.5yr: M&A