| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,550.000 | 7.5 | May-28 | 1st Lien | B3 | B+ | BB+ | Fixed | Tsy | 5.25% a | 5.00 - 5.25% | 434 | 5.00% | - | 100.00000 |
| USD | 1,000.000 | 8.5 | May-29 | 2nd Lien | Caa2 | CCC+ | BB+ | Fixed | Tsy | 7.00-7.25% | 6.75% - 7.00% | 602 | 6.75% | - | 100.00000 |
Tranche Comments
7.5 yr: First Pay: 2021-05-01; Redemption: 2024-05-01; Registration: 144A/Reg S; Comments: US$1.55bn 5.00% cpn 7.5yr (5/01/28) NC3.5 (5/01/24) 1st Lien at 100.00, yld 5.00%. Spread: T+434bp. MWC T+50bp prior to 5/01/24, and then 102.50, 101.25, 100.00. Equity clawback: Up to 40% at 105.00 prior to 11/01/23. 144A CUSIP: 35906ABF4;
8.5 yr: First Pay: 2021-05-01; Redemption: 2024-05-01; Registration: 144A/Reg S; Comments: US$1bn 6.75% cpn 8.5yr (5/01/29) NC3.5 (5/01/24) 2nd Lien at 100.00, yld 6.75%. Spread: T+602bp. MWC T+50bp prior to 5/01/24, and then 103.375, 101.688, 100.00. Equity clawback: Up to 40% at 106.75 prior to 11/01/23. 144A CUSIP: 35906ABG2;
Deal Comments
Joint Bookrunners: GSC(B&D) (7.5yr), JPM(B&D) (8.5yr), BRC, MOS, CSG, DEU
Use of Proceeds
Repay notes
AllReportsSurveillanceOther