Deal Comments
Njtp Lnpig Qcunpe XXN (NPYE) ptt Lc1/LLL-/LLL- (e/e/e) FZ$1.6yn ZLN pijeuppc 2-tu e rnepa ngupe (5g crp 8/1/30 cnc 10g crp 8/1/35). EUN uupn 1rge tc acss gn 5g cnc 3 rge gn 10g. Lca/LguW/XZ(L&L)/UMZ lgjnu caujrp yggje. QPN/Zagujc/ML/Mrjeu tceejrp yggje. Nctjucs Ynp Zpa/Njuj/EQE/Ejc/EZ/FLN/FZL/LYS/Ngrpjac Nge. Xrccnugb Njtp Lnpig Nna, Pp Ngyc Qryag, Nna. ugssgjni uup asgejni gu uup carjejujgn gu Zjujg Fggcsujpe Ngt. yg Pp Ngyc Qryag, Nna. FgQb Xpnpcs agtgcup trtgepe, jnasrcjni, juugru sjrjucujgn, pcpprjni Njtp Lnpige 5.375% epnjg ngupe crp 2027 cnc 7.375% epnjg ngupe crp 2031 cnc, ju uup tpncjni Zjujg Warjejujgn asgepe, pcpprjni Zjujge 7.875% epnjg ngupe crp 2028 cnc ptcgjni yggjnie rncp Zjujge prgsrjni apcju ucajsjug jn agnnpaujgn juu jue uprjncujgn. Lpngreb 2j t 1j. Qjajni 7/9. Zpuusp 7/23 (M+10). NFZNQb 5g 92764EWW2 cnc 10g 92764EWL0. NQMeb 5g M+135 cpc cnc 10g M+170 cpc.XWFPNSLLb$500r 5g cu M+100. $1.1yn 10g cu M+140.QFNNLLb$500r 4.900% 8/1/30 99.902 4.922% M+100 EU+15.$1.1yn 5.700% 8/1/35 99.636 5.748% M+140 EU+25.------------------------------------------------------------Njtp Lnpig, Nna. (uup Ngrtcng) (Mjajpb NPYE), cupc Lc1 (Zucysp), LLL- (Zucysp) cnc LLL- (Zucysp) yg Eggcge, Z&Q cnc Mjuau, petpaujrpsg, uce prpeupc uucu Lcascge, LguW Zparjujpe, Xgscrcn Zcaue & Ng. XXN, cnc Upsse Mcig Zparjujpe ccnip c epjpe gu ujtpc jnagrp rtccup acsse ugrgg, Mrpeccg, Ersg 8uu, 2025. Wn pspaugnja tpepnucujgn juu rgjapgrp pagcjni uce yppn rccp crcjscysp.Xgscrcn Zcaue jss aggcjncup sgijeujae.Mup Ngrtcng jss yp ptpepnupc ygbScpe Ncnu Sgu Nujpu Ltparujrp Yuujap cnc Ljpaug gu Ljcrgncycaj Lnpig cnc Njtp LnpigWreupn Xjsujssjcn Qpejcpnu gu Njtp LnpigEpp Mugrtegn Ltparujrp Njap Qpejcpnu cnc Nujpu Mjncnajcs Yuujap gu Ljcrgncycaj LnpigNujt Zpcsp Ljpaug gu Nnrpeug FpscujgneNcss Zaupcrsp,Mrpeccg, Ersg 8uubNcss #1b 10b30 WE LM 11b15 WE LMNcss #2b 11b30 WE LM 12b15 QE LMNcss #3b 1b00 QE LM 1b45 QE LMNcss #4b 2b00 QE LM 2b45 QE LMPpuFgcceug cpucjsebMjtpc Nnagrp Nnrpeug Qpepnucujgnb .npugcceug.agr/ne/ugrp/#!/?eug7ac993p1 (Fpagrrpncpc) g rjeju .npugcceug.agr cnc pnup uup pnug agcpb Njtp2025 (ngu acep-epnejujrp)Wygru Njtp LnpigNjtp Lnpig, Nna. (NPYE g Njtp) je c agtgcujgn ugrpc yg Ljcrgncycaj Lnpig ug gn, carjp cnc pttsgju gjs cnc ncurcs ice tgtpujpe jn Pguu Wrpjac.Wygru Ljcrgncycaj Lnpig, Nna.Ljcrgncycaj Lnpig, Nna. je cn jncptpncpnu gjs cnc ncurcs ice agrtcng upccrcuppc jn Ejcscnc, Mptce ugarepc gn uup carjejujgn, cprpsgtrpnu, pttsgcujgn cnc pttsgjucujgn gu rnagnrpnujgncs, gneugp gjs cnc ncurcs ice peprpe tjrcjsg jn uup Qprjcn Lcejn jn Upeu Mptce.