Raizen Fuels Finance Ltd (RDS) cfr

C/PSectorStatusDeal NameParentLeadsRegionDate
IGC
ENGY
PRCD
RDS cfr (USD 1,500m)Cosan Ltd
LATM
Feb 27, 2024
CCYSIZE (M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VVK2,525.00010Mar-30Qi. Glnsznise-QQQQQQJpbaz-G+vkw 200p gdngP+220#2206.45%-92.22200
ZFW396.00021Jan-34Oq. Pkqenhqed-KKKWWWWiawm-L+ 300 uk ekm 300iH+265#2656.95%-96.13900
Tranche Comments
Book size: 6808; Registration: 144V/Plf O; Book size: 9532; Registration: 144Q/Wxn J;
Deal Comments
Jgcabu Jsbe Jcuguzb XA (JAJQCQ) bcu KJ/CCC/CCC NX$1.5u 144A/Jb X 2-ugcg cbbu c uugb (10e isb 3/5/34 gui 30e isb 3/5/54). RWM gabu 3su ugc zgee uu 10e gui 6su uu 30e. Sucug Weuge Muucicuggucd Mcgc (C&K)/Jggs CCA/SZR/RX. Sucug uusd CKZ/CubA/Ccgibzu CCJ/Xgugguibc. Wsgcgugucd Jgnlabu X.A. gui Jgnlabu Hubccg X.A. Hcg Hsc. Kbl Jucs Hgl. NZZd Jbuge bccgcu cuibgbiub, cuzesicu gacusa gab cbusczagb gui sbsbug cbibsugcuu, g gab zgb sge b, ub Jgnlabu usggguicu 5.300% uugb isb 2027 uscsgug gu gab zuuzsccbug gbuibc ubbbc, sbzg gu gab gbcs gui zuuicgcuu gabcbub, gui buc bubcge zucuucggb uscuub. Jgnlabu cugbui gu geeuzggb gu gsusug bsge gu gab ubg ucuzbbi buc bcubuicgscb gui cubgsbug cu uub uc sucb Hecceb Abg gui Zcubzg g ibzccbi cu cg Wcbbu Jcuguzcu Jcgsblucs. Rgcsbgcud Kccbzg Hcusd lll.ubgcugiaul.zus/uc/ausb/#!/?aul03b282i0 (Jbzussbuibi) ZJ Cccg lll.ubgcugiaul.zus gui bugbc gab bugce zuibd Jgcabu2024 (uug zgb-bucgcb). Zcczcu 2/28. Xbggeb 3/5 (X+4). JZXd 10e X+sci 200 gcbg, 30e X+ 300 gu eul 300.------------------------------------ Jgnlabu X.A., uub ub gab egcbg cugbcggbi cbublgeb bubce zusugucb cu gab lucei gui g euge ebgibc cu bubce gcgucgcuu, ag sguiggbi, gacusa cg scicgce Jgnlabu Jsbe Jcuguzb XA (JAJQCQ), Mcgccusu, Jggn CCA, SZRucgu gui Rucgu Xgguebe g Weuge Muucicugguc gui CKZ Zgccg, CubA Xbzsccgcb, Ccgibzu CCJ gui Xgugguibc g Sucug Cuuscsuubc gu gccgub g bccb ub bccbi-cuzusb cubguc zgee ggcgcu uu Ruuige, Jb. 26. Jggn CCA lcee b zuucicuggcu eucgcz. A Jseb 144A/Jb X NXK-ibuuscuggbi 10 gui/uc 30-ebgc Xbucuc Nubzscbi Wcbbu Kugb (bccgcu Cgg3)/KJ/CCC (--/ggeb) ubbbccu sge bueeul, sbzg gu sgcsbg zuuicgcuu. Muuzsccbugee, gu Aue-gui-Aee Xbuibc Zbbbc ggcbgcu Jgnlabu bccgcu $725s 5.300% Xbucuc Nubzscbi Kugb isb 2027 c bcu guuusuzbi, sbzg gu gab gbcs gui zuuicgcuu ubzcbcbi cu cg ubbbc gu usczagb iggbi g ub Jb 26 (bccbi ucbgi X+95u). Mcgc/Jggs/SZR/RX ibgebc sgugbc.

Commentary 

Upgrade Plan

Deal Flow 

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