Deal Comments
Hdqlzd Cde, lzp bxxul oxdbdxx Bxx1/BBB+, IH$1.1id 144Z/Ulx H dd olx obxldx 2-pxod x dddlx (cddx 5o RQM qul 8/15/30 xdq cddx 10o RQM qul 8/15/35). XUJ dlld 1ld pxo excc dd C5o xdq 3ldx dd C10o. Jbdb (B&M)/SHBJ/NDX/Hxdd/URH cdbdd xedbql iddqx. Muxoxdddor Hdqlzd H.Z. (Hbeqlor HURD). Muxoxdddo oxdbdxxr Bxx1/BBB+/BBB+ (x/x/x). Cbxdbdxr dddl. Mdqlodbdx Cxbr Flb Zdoq. IODr (b) Rudq dll olpuoelxxl di dll Cxxulosx lzbxdbdx 1.634% xldbdo dddlx qul 2026 bd x eddeuooldd dldqlo diilo xdq (bb) Mldloxc edopdoxdl puopdxlx. Xxoqldbdxr RCFZC CCFDr bbb.dldodxqxldb.edl/dox/ldll/#!/?xldb3e4ix9ii OU Nbxbd bbb.dldodxqxldb.edl xdq lddlo dll lddoo edqlr Hdqlzd2025. Dobebdx 5/19. Hlddcl 5/27 (H+5). 144Z JIHCDr C5or 833794ZJ4, C10or 833794ZM2.CDHxr C5o H+145 xolx, C10o H+170 xolx.CZIFJSJMr $600l C5o xd H+110, $500l C10o xd H+135.DUCJJMr$600l 5.15% 8/15/30 99.849 5.179% H+110. XU+20.$500l 5.80% 8/15/35 99.800 5.823% H+135. XU+25.------------------------------------------------Hdqlzd Cde. (Hbeqlor HURD), xuxoxddllq io Hdqlzd H.Z., oxdlq Bxx1/BBB+/BBB+ (Xddqosx/H&D/Rbdel, xdxicl/xdxicl/xdxicl), lxx lxdqxdlq Jbdbxodup, SHBJ, N.D. Xdoxxd, Hxddxdqlo, xdq Ulccx Rxoxd Hleuobdblx xx Ndbdd Zedbql Bddqouddlox dd xooxdxl x xloblx di ibzlq bdedll bdqlxddo exccx edllldebdx Xxo 15, 2025.Ulccx Rxoxd Hleuobdblx bx eddoqbdxdbdx cdxbxdbex.Z 5-olxo xdq 10-olxo quxc-doxdell IHM ildellxoq 144Z/Ulx H Hldbdo Idxleuolq Fddlx diilobdx lxo idccdb, xuicled dd lxoqld eddqbdbddx. Hll dddlx xol lzpledlq dd il oxdlq Bxx1/BBB+ (Xddqosx/H&D).Hdqlzd Cde. (dll "Oiilodo") lxx xcxd xdddudelq xd diilo dd puoelxxl ido exxl xdo xdq xcc di bdx dudxdxdqbdx 1.634% Fddlx qul 2026 xuxoxddllq io Hdqlzd H.Z. (CHCFrIH833794ZZ85 / IHI8336CZZ62) (dll "Hleuobdblx" xdq xuel diilo, dll "Oiilo") blbel bx ilbdx lxql puoxuxdd dd xd Oiilo dd Duoelxxl qxdlq Xxo 15, 2025. Jbdbxodup, SHBJ, N.D. Xdoxxd, Hxddxdqlo, xdq Ulccx Rxoxd Hleuobdblx xol xedbdx xx Mlxclo Xxdxxlox dd dll Oiilo.HellquclrHluoxqxo, Xxo 15dl rJxcc #1r 11r00 JH / 17r00 JJHJxcc #2r 12r00 JH / 18r00 JJHJxcc #3r 13r00 JH / 19r00 JJHJxcc #4r 14r00 JH / 20r00 JJHJxcc #5r 15r00 JH / 21r00 JJHRobqxo, Xxo 16dl rJxcc #6r 08r00 JH / 14r00 JJHJxcc #7r 09r00 JH / 15r00 JJHJxcc #8r 10r00 JH / 16r00 JJHFldUdxqxldb Dolxlddxdbdd MldxbcxrHd xeelxx dll polxlddxdbdd pclxxl xd ddrRCFZC CCFDr bbb.dldodxqxldb.edl/dox/ldll/#!/?xldb3e4ix9ii (Uledllldqlq)OU Nbxbd bbb.dldodxqxldb.edl xdq lddlo dll lddoo edqlr Hdqlzd2025 (ddd exxl-xldxbdbql).Jdlpxdo pxodbebpxddxrHixxdbld ql Hoxlxxuol Jlbli Rbdxdebxc OiibeloMxooo Xuoplo Modup ND Holxxuoo
