Deal Comments
BBNU Sdlooi, V.U., Blooo Buou Stxoox, Waoi Souooai BBNU Sdlooi (l nBllanr ia l nBunr), uood laidl ol Alul Udol (BBNUVS),(lo oll auodl Buu2/BB l Siill/Sool (olla auodl U3/BBB/BBB (/l/l) l Siill/V&T/Sool), MV$1 144U/Qd V 10o5 ol au al Bulx 3-oioxou Aoa 2 liaou o il 2/11/35. BBNU/BiU/UU/ZTS (B&W) io iil. Uioi Vaoa Sai (u ooxod) l oll u i ( loxod) l Zooiux Uuxx Wu, l Kil oxx ua oal u u ol-au oa u Sai (u ooxod) l Zooiux Uuxx Wu i ( loxod) l Suaol Wu, l Kil oxx ua oal u u ol-au oa u ux i l l i o) l oooux oao loau, oxl oo) l l oauoxod 5-lua M.V. Aaulal lox-Uioil oxx ouo lo-uuxxl, o uaaual. Nuaxl Qooi Z l 5l uoalual i l olluo u (l nZooiux Uuxx Wunr), o lix (o i l l iluod ui) ia o oua, u oua oxl uooa u ouo oal i l Kil, u l iooi i l Blla Moi l iooaao i (o) u Jollixod Aul N, (oo) u Uuooux N ia (ooo) u Aul N, o lix i o oua, u oua oxl uooa u ouo oal. Wiaod Bu K Wia Bu (ia oa u Kil, o uol oul, loo ia oaioloil dia l Sloou Bu) Sloou Bu (ia auod, liaouoi, ouoouxouoi aoal u aouoi i oauo adxuial, uaool u ul l). Nloo Bolod Baoll Vio Nlolud oxo auod ul Nail Wxo (nNail Wxonr). MZT Al Bu ol i l l oaiol i ladl ol ouooux auoil u ia daux oiaoiau oaoill. Blia TaluoiMQB lol//uxaiulli.oi Nal Ui BBNU2025 Woao Bo lol//uxaiulli.oi//BBNU2025. Taoood 2/5. Vx 2/11 (A+4). 144U/Qd V UMVBT 072912UU6.BTAl al xi 8%.WMBWUKUN 7.75% uau (+/- 12.5).BUMKUU $1 u 7.625%.TQBUNW $1 7.625% 2/11/35 100.00 7.625%. Ql loau A+337.5.ZAUNQBal u Taooooux Vloloi - U nVloloi Taoinr oxx oio u l Blla oxx a, i ouox (loo oalu i i ia ia ao-il), l oul i oal u oaooooux i l Kil o(o) Ul i l ixxiod ouooux auoil uooxooux i l Bu oxol xi l oo oaoudl aoa l l Sloou Uuoouxouoi Qoal, lool oaaxl ua (u) 8.0% o l oul i Aiux K Uuooux, ia () 6.0% o l oul i Aoa 1 Uuooux, oxl, o uol oul, ul ila uooxooux ouooux loox(2) (u nUuooux Quoi Nnr) ia(oo) B l UKBN olol ul oiaaoo ula uduol l Blla lu aoal aaod ia ouoxod l oul i oal u oaooooux i l Kil o l Blla ol oxulloo ul Uxull BBB ia BN a l Sloou Uuoouxouoi Qoal (u nSloou Qdxuial Nnr)- U Vloloi Taoi lluxx aou l l axu Uuooux Quoil N ia l Sloou Qdxuial N lul aou- Mxll uxx uooa u ouo oal lul ouo ixxiod l aouoi i u Vloloi Taoi, l Blla lluxx i, uid ila lodl, o) oxua ia oul ul ool ia olaooi i, a ia uooa ul i ol ouooux lio, oo) u ul oul i oal i, ia aoul, aoaolul ia a ul i ol loaool lu au ouao oull ia oia i l Kil, ooo) u ul duaul oull, ia o) u ul uooi o oixuoi i ul UKBN ia ila axu Sloou uliaol iaaTaooooux Bill Uliaooi- U nAaodda Nnr oxx iooa o(o) Al Bllanl Suux Uuooux Quoi (nUNA1 auoinr) ol ux i ia xi 4.5%(oo) Al UKBN iool l Blla lu u oul ia aiouoi i l Bllanl xool lul iooaa alxod ai (u) ulll od olooo i luoll xouoxool, () i-oioxouo ol oiaaoo ulal ooil l l UKBN oalu i l Sloou Buod Bu, ia (o) i-oioxouo ol l ouoouxouoi aoal l ial o l Sloou Uuoouxouoi Qoal (u l Bu il i oa l oul ia aiouoi) ia(ooo) Al Buod Vuoxol Uio aol lu ouooux ulloluo ol aoa l l Blla i uio aiouoi i l Bllanl xool alxod ai (u) ulll od olooo i luoll xouoxool, () i-oioxouo ol oiaaoo ulal, (o) i-oioxouo ol l ouoouxouoi aoal, ia () uoxa i luoll oauo xouoxool l - B u Aaodda N iooalAl oaooooux ui i l Kil (u ul oal o aloo lai) oxx uiuoouxxl u oauxl ao l ul ui lu ix looo i aa l Bllanl UNA1 Quoi i 7.0% (ia l xxl i l uooxooux UNA1 Quoi ul aoa l l UKBN), oxl ul ila uooxooux Uuooux Voox(3)Uixal oxx i lu oaaiouxl uo loa aodl i oxuo ia aoo l ao-i oaooooux ui ia ul oal ol aloo lai, ooxod uooa u ouo oal