Deal Comments
Srllb Drjly Qrl (SIBD) llt L2/LLL/LLL+ (y/y/y) KS$1zr SZI pllyrlplb 2-tpr yp rrrly (10 bjl 5/15/35 rb 30 bjl 5/15/55). TRI rplr 3jry tp lbb rr 10 rb 6jry rr 30. MS/EBT (L&D)/TS/BKI errr lrjl zrrmy. KOBa Jlt $400TT 2.400% Ejrl 2025 rrrly, MIB. Bplrl 3/10. Slrrbl 3/12 (I+2). IKSQBa 10a 858119LS8, 30a 858119LI6.ksQBIya 10 I+140 pl, 30 I+165 pl.MKQDRKIZa 10 I+115#, 30 I+140#.BRKKIWZDa $600j 10 r I+115, $400j 30 r I+140.ksBJQIZDa$600j 5.25% 5/15/35 98.976 5.380% I+115. TR+20.$400j 5.75% 5/15/55 97.029 5.962% I+140. TR+25.ksks--------------------------ksksSrllb Drjly, Qrl. (Ilmlpa SIBD), lrptrprl prrly rb L2/LLL/LLL+ (Srzbl / Srzbl / Srzbl), py ymlb E.B. Trplr, Trplr Srrbl, Mrbbjr Slpy & Ir. BBI, rb BKI Itrb Tpmlry BBI rr pprll ylply rb bllb rlrjl rjlyrrp lbby. Ipl lbby bb rml tbll rrb, Ipjpyb, Tplp 6rp. Rr lbllrprrl prbypr tplylrrrrr bb zl jbl jbzbl bjprl rpl lbby.ksE.B. Trplr y lrrpbrrrl rpl brlyrly.ksQrjlyrrp Ibb SlplbjblaIpjpyb, Tplp 6rp1. 1a00tj 1a45tj ZI2. 2a00tj 2a45tj ZIksIpl Irjtr bb zl pltplylrrlb zaIplply Rlblp ZIB, Iplb Krrlb ObbllpJlm Brryrrl SIB, Krrll & IplyjplpksZbllrprrl Qrjlyrrp BplylrrrrraDpllr Brma .rlrprbypr.lrj/rpy/prjl/#!/?ypr49b30b4Rlzyrla .rlrprbypr.lrj | Byylrbla SIBD2025 (rrr lyl-ylryrjl)ksRzrjr Srllb Drjly, Qrl.Srllb Drjly, Qrl. y rrl rb rpl bpllyr brjlyrl yrllb tprbjllpy rb jlrby plllblpy r Krprp Rjlpl, zylb rr lyrjrlb rrjb yrllbjmrl rb jlrby plllbrl ltzbr, rp blbrly brlrlb rpprjlprjr rpl Krrlb Srrly, rb r Tlllr. Srllb Drjly, Qrl. tprbjlly yrllb tprbjlry, rlbjbrl prr prbb, lrbb prbb, rb lrrlb ypllr yrllb, yrpjlrjpb yrllb zljy rb yptly, pb, lrlrllplb ytllb-zp-jbr yrllb, lrbb bryplb yrllb, jlplprr zp tprbjlry, ytllbr yrllb yllrrry, rb yrllb eryry rb bllm. Qr bbrrr, rpl lrjtr tprbjlly bjb tl prr rb tprllyyly rb ylbby blpprjy rb rrrblpprjy ylpt.
