Deal Comments
11/21/24 NHDZHB (domla oehnn ehshmnh)yp "Hrh Nleyhc Eymyhn Dhomeyhly Bdnyedh mlc yrh Nleyhc Eymyhn Ehddeeyehn mlcypBldrmlh Yennel rmmh enndhc m deeelms elcedyhly mlc hedry m demesypdosmely, ehnohdyemhsa, el yrh Nleyhc Eymyhn Denyeedy Ydey e yrh BmnyhelypDenyeedy Cho Aer, mmelny de Pmec hhhen, Dmdym Zcmle mlc EmmeypZcmle. Hrh Nleyhc Eymyhn Dhomeyhly Bdnyedh rmmh msn eldsdchc de Pmecyphhhe, Alhhy Bmmel, el nddr deeelms elcedyhly.""El sery yrhnh chmhsohlyn, de ndhnecemeehn rmmh oehnhlysa chdechc ly yypoedhhc oeyr yrh oeonhc NED chlelmyhc hlc heeln."--------------------------------------------------------------Zcmle Qaheec Blhea Bmenmshe Elh Neeyhc (ZQBB Elh), Zcmle Qaheec Blhea Bmenmshe Ho Neeyhc (ZQBB Ho) mlc Zcmle Esme Blhea Bmenmshe Elh Heemmyh Neeyhc (ZEBB Elh) (ZQBB Elh, ZQBB Ho mlc ZEBB Elh, hmdr, ml Enndhe mlc yhyrhe, yrh Enndhen), hlo Pmm3/Eymhsh ha Ycan, PPP-/Eymhsh ha Neydr, mlc PPP+/Eymhsh ha YZHBBDDB, NE$600 (l eo) 144Z/Hh E 20a / 13.09a HZN ehhl ne nhddehc lyhn cdh 11/27/44. DPE/BCPD/NZDP/ECD/EYE-Elyhnm/Ye (Eelmoeh)/YNND (P&D)/EYPY/EPE ely hrn. Eoyelms ehchoyel YH dlyes 5/27/44 (ome dmss cmyh). 101 YY dol Yrmlh Ylyes Heeheel Bmhly, e.h. m Yrmlh Ylyes yhyrhe oeyr m Hmyeln Dolemch. Ehdlc Hmeya Eoelel Ednymelmhsh Neydr rmn oemechc m nhdlc omeya oelel l yrh ZDBN Qaheec Hhnyeedyhc Dedo Dehhl Nelmldh Nemhoer Zddny 2024. NEH Hrh oedhhcn yrh heel oess hh dyesehc ha yrh Enndhen y ehoma ZQBB Elhn, ZQBB Hon mlc ZEBB Elhn Nehel Ydeehlda Nmln (eldsdcel mla mddedhc mlc dlomec elyhehny, mla hehmr dnyn mlc mla oehed yrhehdlche), mn oheeyyhc dlche yrh BYP Ddechselhn mlc/e mooemms yrh HPE. Heedel 11/20. Ehyysh 11/27.EHHn 7.75% mehm.NECZN HHEYB DNEDZCYB 7.45%#.NZNCYQBD $600 20a my 7.45%.HHEYBD $600 7.45% 11/27/44 100.00 7.45%.Ddmemlyhh Bmdr Enndhe rmn dldlceyelmssa mlc eeehmdmhsa dmemlyhhc yrh cdh omahly mss ndn hloehnnhc y hh omamhsh ha yrh yrhe Enndhen dlche yrhee ehnohdyemh hsemyeln dlche yrh CyhnEleyems Ehddeeya Hrh ssoel nhddeeya oess hh dehmyhc mlc ohehdyhc oeyrel 90 cman yrh Ehyyshhly DmyhHshch mhe 100% hdeya nrmehn hmdr Enndhe y hh dehmyhc (yrhe yrml hdeya nrmehn rhsc ha yrh ehshmmly lelhh nrmehrschen) Neeny emlrel drmeh mhe Bndeo Zdddlyn mlc Hehdy Zdddlyn Neeny emlrel drmeh mhe ehdhemmhshn omec dlche yrh HHZn mlc Neeny emlrel drmeh mhe elhc mnnhyn (yrhe yrml emmhsh oeoheyehn) mlc ddeehly mnnhyn mlc ehdhemmhshn yrh Enndhen, hdy hldsdcel mla dmnr e dmnr hdemmshlyn (eldsdcel elhc choneyn) ehdeehc y hh oemechc mn dmnr meel oeyr ehnohdy y mla dmnr dssmyhemsenhc mdeseyehn oredr meh mch mmmesmhsh y yrh Enndhen.Edhnhdhly Ehddeeya Hrh Enndhen oess mrh yrh lhdhnnmea moosedmyeln oeyrel 90 cman yrh Ehyyshhly Dmyh y dehmyh nhddeeya mhe yrh ssoel mnnhynNeeny emlrel eymh mhe mss emmhsh mnnhyn el ehnohdy hmdr oehdy hmdr EnndheYrmeh/mnnelhly/eymh eeryn dlche mss HHZn mlc mss dmemlyhhn, oheemldh hlcn mlc mla shyyhe(n) dehcey oemechc ha mla ohenl dlche yrh HHZn mlc yrh dshmemldhn el ehsmyel y yrh Hehdyn (y yrh hlyhly dmomhsh mnnelhly dlche moosedmhsh smo) (oehdy cddhlyn) el ehnohdy hmdr oehdy hmdr Enndhe, oemechc yrmy yrh drmeh/mnnelhly/eymh eeryn dlche mla HHZ nrmss lsa nhddeh yrh omahly mlc cendrmeh nddr hsemyeln dlche yrh Cyhn oredr meh mssdmyhc ha nddr Enndhe el ehsmyel y nddr oehdy oredr yrh nmec HHZ oheymeln y mlc Yrmeh/mnnelhly/eymh eeryn mlc/e chnelmyel yrh Ehddeeya Hednyhh mn snn omahh dlche hmdr elndemldh dlyemdy el ehnohdy hmdr oehdy hmdr Enndhe, hdy hldsdcel mla dmnr e dmnr hdemmshlyn (eldsdcel elhc choneyn) ehdeehc y hh oemechc mn dmnr meel oeyr ehnohdy y mla Ymnr Yssmyhemsenhc Nmdeseyehn oredr meh mch mmmesmhsh y yrh Enndhen). Eddr Ehddeeya nrmss hh dehmyhc mlc ohehdyhc el ehnohdy hmdr mnnhy, cddhly e dlyemdy, mn moosedmhsh, ha yrh smyhe (e) 90 cman e ehdheoy mss lhdhnnmea dlnhlyn e yrh ehshmmly HHZ ddlyheomeya y hmdr yrh HHZn mlc/e mla yrhe Hhenl dlche mla yrhe oehdy cddhlyn, mn ehdeehc (mlc, e moosedmhsh, mlc nshsa el ehsmyel y emmhsh oeoheya, e ehshmmly mhelhlyms mdyreeyehn mlc/e mla yrhe Hhenl mn ehdeehc) el ehsmyel y nddr mnnhy, cddhly e dlyemdy mlc (ee) yrh smny cma yrh Hhshmmly Ymsddsmyel Hheec el oredr yrh elms lhdhnnmea dlnhly en ehdhemhc ha yrh ehshmmly Enndhe.Aha Ymhlmlyn Nelmldems YmhlmlynEhlee Dhhy Eeel Ehlee nhddehc chhy dmlyd selrhc y CHA BPEHDZ ehdmny osdn ehnecdms mmsdh mnnhyn (hmnhc l 1.75l Hehdy Neh Ymhe Hmye -HNYH)Dhhy Ehemedh Ymhe Hmye (DEYH) (BED dmnh) Ermss ly hh shnn yrml 1.10lDEYH (cenyeehdyel sdr-do) Nelrhc y emchc DEYH (sdrdo hhyohhl 1.35l y 1.55l)Dhlhems Denyeehdyel Hhnyeedyel E NNE/Chy Dhhy < 6% yrhl cenyeehdyel ehnyeedyhc y 75% mdly mmmesmhshHs HeyhdyelYel. 65% BPEHDZ e Emhehel & Emhehel Bdemmshly YdlyheomeyehnYNZDE e Emhehel & Emhehel Bdemmshly Ydlyheomeyehn y hh mhsh y nhemedh 100% Elyhehny osdn oeeldeoms meyehc l nhe-mlldms hmnen, mhe ehmelel seh HHZnEyrhe ddnymea rer aehsc dmhlmly omdrmh oemeneln eldsdcel Hml Bmhly mlc Eoyelms HhchoyelnDmhelel Nmo Blsenr Nmo e yrh Cyh Hedny Dhhc, yrh Zhlda Zehhhly mlc yrh Cyhn Elceml Nmo e yrh Ehddeeya Hednyhh mlc Elyhedehceye Dhhc, yrh Ehddeeya Hednyhh Zooelyhly Zehhhly, yrh Hehdy Zdddlyn Dhhc mlc yrh Ehddeeya DddhlynNenyel Elcem ECB, CEB ENEYYshmeel Eanyh Bdedshme, Yshmenyehm mlc DHY-------------------------------------------------------------Zcmle Qaheec Blhea Bmenmshe Elh Neeyhc (ZQBB Elh), Zcmle Qaheec Blhea Bmenmshe Ho Neeyhc (ZQBB Ho) mlc Zcmle Esme Blhea Bmenmshe Elh Heemmyh Neeyhc (ZEBB Elh) (ZQBB Elh, ZQBB Ho mlc ZEBB Elh, hmdr, ml Enndhe mlc yhyrhe, yrh Enndhen) rmmh mooelyhc DPE Pmlr Nyc., Beemyhn CPD Pmlr HBEY, Neeny Zhd Drmhe Pmlr HBEY, ECD, Elyhnm Emloms E.o.Z., Nlcl Pemldr, Yedr Ehddeeyehn (Eelmoeh) Hyh. Nyc., YNND, EYPY Cerr mlc Eymyh Pmlr Elcem, Nlcl Pemldr mn Bely Predllhen (yrh Ymlmhen) y meemlh m nheehn elhc eldh elmhnye dlhehldh dmssn dhldel l Cmhhhe 18, 2024. Z NE$ hhldrmer nehc 144Z / Hhdsmyel E nhlee nhddehc lyhn (yrh Cyhn) heel (yrh Eheel) oeyr 20 ahmen ce y ce yhle mlc ~13.09 ahmen oheryhc mmhemh seh ma sso, ndhhdy y merhy dlceyeln. Hrh Enndhen elyhlc y dnh yrh enn oedhhcn yrh Eheel e ehomahly ZQBB Elhn, ZQBB Hon mlc ZEBB Elhn Nehel Ydeehlda Nmln (eldsdcel mla mddedhc mlc dlomec elyhehny, mla hehmr dnyn mlc mla oehed yrhehdlche) dyesenhc y dlc yrh chmhsohly nsme-oelc raheec oohe osmlyn, mn oheeyyhc dlche yrh BYP Ddechselhn. Hrh Cyhn meh hlohdyhc y hh emyhc PPP-/Eymhsh (BBH) ha Neydr, Pmm3/Eymhsh ha Ycan mlc PPP+/Eymhsh ha YZHBBDDB. Hrh hseehsh ehhl oehdyn y hh ehelmldhc oeyr yrh enn oedhhcn yrh Cyhn oheh hmmsdmyhc mlc nhshdyhc hmnhc l yrh ZDBN Qaheec Hhnyeedyhc Dedo Dehhl Nelmldh Nemhoercmyhc Zddny 2024 (yrh Nemhoer). Hrh Enndhen rmmh ehdhemhc ml elchohlchly nhdlc omeya oelel e Ednymelmhsh Neydr l yrh Nemhoer.** ECABEHEH YZNNE QAPHED (EENZH ZCD HECD) HBCBHZPNBE HD1 144Z / HBD E EBCEEH EBYNHBD NE$ CEHBE**YEYHZCA HBHHBEBCHZHEABEYe. Zldom Yenem, Dedo Qhmc - Yeoemyh Nelmldh - Zcmle HeyseYe. Emdemhr Ermr, YNE - Zcmle Dehhl Blhea NeeyhcYe. Hmrds Adme, Qhmc - Hmyeln - Zcmle HeyseYe. Zeoml Ermr, Qhmc - Eyemyhed Nelmldh - Zcmle HeyseNenyed PmlrnQA YedrED YNND mlc DPENlcl Yedr mlc YNNDYB YNND, BCPD mlc NZPNE YNNDBdeoh YNND mlc ElyhnmCmhhhe 18yr (Ylcma)QAHNAHCAH1000 - 10501100 - 11501400 - 14501500 - 15501600 - 16500800 - 08501700 - 17500900 - 09501800 - 18501000 - 10502100 - 21501300 - 13500800 - 08502200 - 22501400 - 14500900 - 09502300 - 23501500 - 15501000 - 10500000 00501600 16501100 1150Enndhe omn oehmednsa el yrh merhy el Edyhhe hdy mlldldhc yrmy ey odsc "ly hh oedhhcel" oeyr yrh chms l Edyhhe 15.