| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,200.000 | 5 | Oct-26 | Sr. Secured | B2 | B+ | BB- | Fixed | Tsy | 6% a | 6.50% | 543 | 6.50% | - | 100.00000 |
| USD | 900.000 | 7 | Oct-28 | Sr. Secured | B2 | B+ | BB- | Fixed | Tsy | Mid 6s | 7.00% | 562 | 7.00% | - | 100.00000 |
| EUR | 1,100.000 | 5 | Oct-26 | Sr. Secured | B2 | B+ | BB- | Fixed | DBR | High 4s | 5.125-5.25% | 562 | 5.13% | - | 100.00000 |
| EUR | 750.000 | 7 | Oct-28 | Sr. Secured | B2 | B+ | BB- | Fixed | DBR | Low 5s | 5.625-5.75% | 599 | 5.63% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2022-04-15; Redemption: 2023-10-15; Registration: 144A/Reg S; Comments: US$1.2bn 6.50% cpn 5-year (10/15/26) at 100, yld 6.50%. Spread: T+543bp. Makewhole call @ T+50bps prior to October 15, 2023, then Call Schedule: 10/15/23 103.25, 10/15/24 101.625 , 10/15/25 and thereafter 100. Cusip 144a: 449691AA2. CoC: 101%;
7 yr: First Pay: 2022-04-15; Redemption: 2024-10-15; Registration: 144A/Reg S; Comments: US$900m 7.00% cpn 7-year(10/15/28) at 100, yld 7.00%. Spread: T+562bp. Makewhole call @ T+50bps prior to October 15, 2024, then: Call Schedule: 10/15/24 103.50, 10/15/25 101.75, 10/15/26 and thereafter 100. Cusip 144a: 449691AC8. CoC: 101%;
5 yr: First Pay: 2022-04-15; Redemption: 2023-10-15; Registration: 144A/Reg S; Comments: EUR1.1bn 5.125% cpn 5-year (10/15/26) at 100, yld 5.125%. Spread: + 562bp. . Makewhole call @ T+50bps prior to October 15, 2023, then Call Schedule 10/15/23 102.563 , 10/15/24 101.281 , 10/15/25 and thereafter 100. ISIN: XS2397781514. CoC: 101%;
7 yr: First Pay: 2022-04-15; Redemption: 2024-10-15; Registration: 144A/Reg S; Comments: EUR750m 5.625% cpn 7-year (10/15/28) at 100, yld 5.625%. Spread: +599bp. Makewhole call @ T+50bps prior to October 15, 2024, then: Call Schedule: 10/15/24 102.813 , 10/15/25 101.406 , 10/15/26 and thereafter 100. XS2397782322. CoC: 101%;
Deal Comments
Joint Bookrunners: JPM(B&D) (USD), BNP(B&D) (EUR), CAG, SOC, BAM, CIC, CSG, HLB, NAT, RBI, SMB, UNI
Guarantor(s)
HoldCo II SAS
Use of Proceeds
Fund share purchases, debt refinancing and related costs