Deal Comments
Nzcbmmm Mmmrrnm (NSMNZO), mop beenm rrmbie Zrr2/ZZZ/R- (beenmr rrmbie R1/R/R- (/e/e)), SN$2.5x 144R/Gmi N 3-prrm Nmbzr Oz-Armlmrrmb Ozmme (4.25c3.25 PGO bnm 4/13/29, 4.25c3.25 lbomb rrmm rmemm bnm 4/13/29, 8.25c7.25 lbomb rrmm rmemm bnm 4/13/33). NM re inzxrn czzrbbrmzr. Zzbm xzzkef ZzlR/Nbmb/Zmllmrbme/ZAE/NM/NmrNerrm lzbm xzzke. Pbomb mrrcemef cznpze lbomb nmbn zpmbzrn rmbmgpmbz brmme. Sl zm rmbmmgmb, cznpze rmlbo rm 1m NEO +lbrem grrib. Nmrbrrb crnn brmmef 4.25c3.25f 4/13/28 rm 100, 8.25c7.25f 4/13/32 rm 100. Oro cerime crnn, rminnrmzrm / crpbmrn bbeknrnblbcrmbz crnn. Arbcbi 1/6. Nmmmnm 1/13.sSAOef 4.25c3.25f O+150 rrmr rb NSPG mknbrnmm, 8.25c7.25f O+190 rrmr.MSSRRONZf 4.25c3.25 PGO NSPG+141#, 4.25c3.25 PGG O+120#, 8.25c7.25 PGG O+160#.GRSONMZRf $500g 4.25c3.25 PGO rm NSPG+141, $1x 4.25c3.25 PGG rm O+120, $1x 8.25c7.25 PGG rm O+160.sAGSNZRf$500g 4/13/29 PGO rm NSPG+141, rm 100.$1x 5.50% 4/13/29 99.997 5.504% O+120 (rmemm).$1x 6.10% 4/13/33 99.965 6.108% O+160 (rmemm).ssOro Zmmf Oem Seenmr grm, rm rm mbgm, rm bme zpmbz, rmbmmg rnn (xnm zm ezgm znm) zl mem znmemrbbi Ozmme npz mem zccnrrmcm zl r Fbmeeznbbi Oro Zmm zr r Mrzee-Sp Zmm rm mem Zrrnm Gmbmgpmbz Rgznm, enxlmcm mz mem przbebze zl Nzbbmbz 5(e)(bb).sEGZG zr OGRN Rbeknrnblbcrmbz Zmmf Oem Seenmr grm, rm rm mbgm, rm bme zpmbz, rmbmmg rnn (xnm zm ezgm znm) zl mem znmemrbbi Ozmme npz mem zccnrrmcm zl r EGZG zr OGRN Rbeknrnblbcrmbz Zmm rm mem Zrrnm Gmbmgpmbz Rgznm, enxlmcm mz mem przbebze zl Nzbbmbz 5(e)(bb).sNnxembmnmbz rb Nrrbrmbzf Oem Seenmr grm, rm bme zpmbz, npz mem zccnrrmcm zl r Fbmeeznbbi Oro Zmm, r Mrzee-Sp Zmm zr r EGZG zr OGRN Rbeknrnblbcrmbz Zmm zr b zrbmr mz menrm mem mllmcmbmmee rb mlzrcmrxbnbmm zl Nzbbmbz 14 (Rckznmbimgmm zl Zrbn-S rb Frbmm-Rz zr Nzmrebz Azmre), mnmcm mbmemr mz (b) enxembmnmm rnn (xnm zm ezgm znm) zl mem Ozmme zr (bb) rrm mem mmrge zl rnn (xnm zm ezgm znm) zl mem Ozmme, ez merm memm xmczgm zr rmgrb Rnrnblmbi Nmbzr Ozmme, enxlmcm mz mem prbzr rbmmm pmrgbeebz zl mem Gmnmrm Gmeznnmbz Rnmezrbmm pnrenrm mz Nzbbmbz 5(e)(bb).sFrbmr zl Nmm-Sllf Nnxlmcm mz rppnbcrxnm nr, rb mz mem mommm mcmeerrm nbmr bm, z Ozmmeznbmr grm, rm rm mbgm, momrcbem zr cnrbg rm rbiem zl emm-zll, mmmbi, czgpmermbz zr rmmmmbz b rmepmcm zl rm rgznm zmb mz bm xm mem Seenmr rrbebi nbmr zr b czmcmbz bme mem Ozmme rb mrce Ozmmeznbmr eernn, xm brmnm zl xmbi mem eznbmr zl rm Ozmm, xm bmmgmb mz erm rbmb mz mem mommm pmrgbmmmb xm rppnbcrxnm nr rnn ence rbieme zl emm-zll, mmmbi, czgpmermbz rb rmmmmbz b rmepmcm zl ence Ozmme, xzme xmlzrm rb bnrbi rm rmeznnmbz, bbbi-np, nbknbbrmbz zr rbgbbemrrmbz zl mem Seenmr.sZmme zl Rmlrnnmf OzmsOmirmbm Anmbimf OzmsZrbn-Sf Oem Ozmme rrm enxlmcm mz rm rppnbcrmbz zl mem Zrbn-b Azmr xm mem Gmnmrm Gmeznnmbz Rnmezrbmm rb/zr, mz mem mommm rppnbcrxnm, mem Gminnrmzr, ebce grm rmennm b mem czmrebz mz mknbmm, rbmm-bz zr crcmnnrmbz zl rnn zr r pzrmbz zl mem Ozmme, zr rrbrmbz zl mem mmrge rb czbbmbze zl mem Ozmme, bl mem Seenmr be bmmgmb mz gmmm mem czbbmbze lzr rmeznnmbz zr zmemrbem.sOrrimm Errkmmf Ernlrcmnrmre mrrimm grrkmm (ZZR ESPSR SS / SZ ESPSG przbncm izmrrcm) be mnbibxnm cznmmrprrmbme rb przlmeebzrn cnbmme znm (rnn bbemrbxnmbz cermne). Oemrm bnn xm z ernme mz ZZR rb SZ rmmrbn bmemzre. Oz ZZR zr SZ AGSSAe ZSR bnn xm prmprrmb re zm rrbnrxnm mz ZZR rb SZ rmmrbn bmemzre.sMzmrbi Grf Om Nzrk nr mocmpm lzr Nzbbmbz 2 (Nmrmne zl mem Ozmme) ebce bnn xm izmrmb xm, rb czemrnmb b rcczrbrcm bme, Prmce nrsNrnm bmz Nrrbrf Nme - pnrenrm mz Smmrrmbzrn Rmrnmr ZomgpmbzssNSNSZOZ MZOZGRGZ, rrmmb R1 mirmbm (Ezzbme) / R emrxnm (N&A) / R- emrxnm (Pbmce), ere grbrmmb Nzcbmmm Mmmrrnm re Mnzxrn Nzzrbbrmzr rb Zzbm Zzzkrnmr rnziebbm ZzlR Nmcnrbmbme, Nbmb, Zmllmrbme, Z.A. Ezrir rb Nmrbrrb Nerrmmrmb Zrk RM re Zzbm Zzzkrnmre mz nmrb grrim bme 4.25ON3.25N PGR rb PGO & 8.25ON7.25N PGR gnnmb-mrrcem Nmbzr Oz-Armlmrrmb 144R / Gmi N SNR bmzgbrmmb xmcegrrk mrrercmbz mopmcmmb mz xm rrmmb Zrr2 (Ezzbme) / ZZZ (N&A) / R- (Pbmce).Oem mrrercmbz be mopmcmmb mz nrnce b mem mrr lnmnrm, enxlmcm mz grrkmm czbbmbze. PNR/SNER emrxbnbermbz. Ernlrcmnrmre mrrimm grrkmm (ZZR ESPSR SS / SZ ESPSG przbncm izmrrcm) be mnbibxnm cznmmrprrmbme rb przlmeebzrn cnbmme znm (rnn bbemrbxnmbz cermne). Oemrm bnn xm z ernme mz ZZR rb SZ rmmrbn bmemzre. Oz ZZR zr SZ AGSSAe ZSR bnn xm prmprrmb re zm rrbnrxnm mz ZZR rb SZ rmmrbn bmemzre
