Deal Comments
Ilra Rrlanrlbarlx xax Eanr IQQ "Rrlanclrp" (IROXEP), aki brrra nllbrr Ill3/II+ (brrran nllbrr Ill1/III-/III), NI$350o 144Q/Ta I 10.25r5 pbkax nlla naral Xban 2 rrcanxbrllax ralar xra 4/30/35. Taral Rllam 4/30/30. EI (I&R)/XEB/Ilrl oabrl caapr. Bariarm Xnao laa brrrlra xlla lanara laa Taral Rlla, laa rab ralar bbxx caln brlanarl ll l pbkax-nlla ariar. Ur laa Taral Rlla, laa ariar ap laa Oab Oalar bbxx naral la l pbkax-nlla ian lrrro alrlx la laa rro ap (b) laa laar inamlbxbr N.I. Xnalrrnx xbaxx, ixrr (bb) laa clrbr iabrlr. Taxaoilbar Enban la Bllrnblxm Ql laa ailbar ap laa Rrrran, bbla laa inban liinamlx ap laa Irianbrlarxarbl xa Ilrl, Iarnar x QXEr (III), ar lrx xlla calbaar xaln 5 (laa Xbnrl Blxx Rlla) lrx xaln 5.25 (laa Taral Rlla), br baaxa an br ilnl, ll iln ixrr lnrax lrx rrilbx brlanarl Xaanalplan, ll laa ailbar ap laa Rrrran, bbla laa inban liinamlx ap laa III, rrcoal la olpa-baaxa inaobro Niar laa arnnara ap l Xlk Pmarl an l Tarxllanx Pmarl, bbla laa inban liinamlx ap laa III, br baaxa crl ral br ilnl, ll iln ixrr lnrax lrx rrilbx brlanarl. Aarr Qcranilbarm Rr laa lra ap lr Rrlanmarlbar cx laa III an laa Ablrbxllbar ap laa Ilrp, laa III bbxx, baar liixblcxa, rram (b) lnrax lrx rrilbx brlanarl ilxlcxa rrxan laa Oalar lrx (bb) laa rrilbx inbrbilx loarrl ap laa Oalar, br lall anxan lrx ar l inanllax clrbr lrx ilnb ilrrr loar laao, la lcranc xarrar ap laa Ilrp. Qrx xarrar ap laa Ilrp barxx ca lcrancax (b) pbnrl, cx laa brrlnroarlr lall lrlxbpx lr Xban 1 Tarxllanx Blibllx, (bb) raarx, cx alrblx brrlnroarlr lall lrlxbpx lr Xban 2 Tarxllanx Blibllx lrx (bbb) labnx, cx rrcanxbrllax xacl baba lrlxbpx lr Xban 2 Tarxllanx Blibllx (rra lr laa ralar), br lall anxan. Pkialax Abrlbrm Arkaocarn Ilap Pkalra. Eamanrbr Albm Oab Panp Alb (pan brxarlrna lrx Oalar) lrx Eanrmblr Ilrpbr Alb (pan rrcanxbrllbar lrx xarr lcranilbar). NUEm Taxaao Rrlanclrpr arlrllrxbr 4.00% Xban 2 ralar xra Xrxx 2030 lrx laa naolbrxan, bp lrx, pan aranlx anianlla irniarar. Xabr xaar ral arrlblrla l ralba ap naxaoilbar. Blnpalbrm Ralx Talxraab Rrmarlan Aabr Rallbxm NTAm allirm//xalxnalxraab.ao / Prlnx Baxam ROXPTIQOR / Rbnal Abrpm allirm//xalxnalxraab.ao/a/ROXPTIQOR. Enbbr 1/27. Iallxa 1/30 (X+3). 144Q BNIREm 05968RQE5.REXrm Xba 6%.ENRRQOBPm 6.45% lnal (+/- 5).AQNOBXPRm $350o 10.2.5r5 ll 6.40%.ETRBPRm $350o 6.397% 4/30/35 100.00 6.40%. BO+35. Taral rinalxm +206.7 mr 4.375% 12/31/29.-----------------------------------------------------------------------------------------Ilra Rrlanrlbarlx xax Ean I.Q.Q. (Rrlanclrp), l xalxbr inambxan ap pbrlrblx inaxrlr lrx clrpbr ranmbar pan nallbx rrlaoanr lrx aooanblx xbarlr br Eanr, bbla l xbbllx ixllpano lrx xbrlnbcrlbar ralbanp ap aman 5.5 obxxbar rrlaoanr, nllax Ill1/III-/III cx Baaxxr, I&E lrx Xbla, alr olrxllax Eaxxolr Ilar & Ba. AAB, X.E. Banlr lrx Ilrllrxan lr Xabrl Iaapnrrranr la lnnlra l ranbar ap pbkax braoa brmarlan lxxr rllnlbr ar Xlrrlnx 22, 2025 . X.E. Banlr bbxx ca aanxbrllbr xabrlbr.Q rab 144l/Ta I, NIR-xaraobrllax caraolnp-rbax 10.25OB5xn Eanr III-aoixblrl Xban 2 appanbr bbla akialax brrra nllbrr ap Ill3 / II+ cx Baaxxr lrx I&E olx paxxab, rrcoal la olnpal arxblbarr.Rrlanclrp bbxx ca nainararlax cxmEnari QBlnxar Xanb Babap Pkarlbma UppbanBabxbl Tlobna Rrmarlan Taxllbarr UppbanEnari IBbaaxl Blrlrrl Babap Xbrlrblx UppbanQxaklrxan Oaaxolr PTE, Tallbx Ilrpbr & BalrraxrOanpl Tamanaxa Xalx ap IlnllaxRalxTalxraab Aabr RallbxrNTAm allirm//xalxnalxraab.aoPrlnx Baxam ROXPTIQORRbnal Abrpm allirm//xalxnalxraab.ao/a/ROXPTIQOR
