| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 760.000 | 5 | Nov-26 | Sr. Secured | B1 | BB- | - | Fixed | Tsy | Mid to high 5s | 5.5-5.75% | 423 | 5.38% | - | 100.00000 |
| EUR | 325.000 | 5 | Nov-26 | Sr. Secured | B1 | BB- | - | Fixed | OBL | High 4s | 4.5-4.75% | 483 | 4.38% | - | 100.00000 |
| EUR | 325.000 | 5 | Nov-26 | Sr. Secured | B1 | BB- | - | Floating | 3mEu | - | 3mEu+450-475 | 437.5 | 3mEu+437.5 | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2022-05-01; Redemption: 2023-11-01; Registration: 144A/Reg S; Comments: US$760m 5.375% cpn 5-year (11/1/26) at 100, yld 5.375%. Spread: T+423bp. Equity Clawback: Up to 40% at 105.375% . Call Schedule: Makewhole call @ T+50bps prior to November 1, 2023, then 11/1/23 102.688 , 11/1/24 101.344 , 11/1/25 and thereafter 100. Cusip 144a: 78397UAA8. CoC: 101%;
5 yr: First Pay: 2022-05-01; Redemption: 2023-11-01; Registration: 144A/Reg S; Comments: €325m 4.375% cpn 5-year (11/1/26) at 100, yld 4.375%. Spread: +483bp. Equity Clawback: Up to 40% at 104.375%. Call Schedule: Makewhole call @ B+50bps prior to November 1, 2023, then: 11/1/23 102.188, 11/1/24 101.094 , 11/1/25 and thereafter 100. 144a ISIN: XS2401850677.CoC: 101%;
5 yr: First Pay: 2022-02-01; Redemption: 2023-11-01; Registration: 144A/Reg S; Comments: €325m 5-year FRN (11/1/26) at 100, floats at three-month EURIBOR (with 0% floor) and 4.375% per annum, reset quarterly . Call Schedule: Makewhole call @ B+50bps prior to November 1, 2022, then 11/1/22 101.00, 11/1/23 and thereafter 100. 144a ISIN: XS2401851212. CoC: 101%;
Use of Proceeds
Refinancing