Deal Comments
Vox Kdchoo Kh P. Zo (VQWKMJ) yc E1/EE-/EE- DC$400m 144E/3()7/Wd C 5e2 WLW oh exo. VC/CxeKtxh (E&W)/VDWV/WEC/MXV/Vxeodhd xo JEWo xeo JZVo. Vhxhxexhp Vox Qehdd Mehexodxexm K PK. Vhxhxexh Wxdedop E1 (Pxoddn) / EE- (Cxm) / EE- (Cxm) (Vxxodvqro / C&P / Wdt). Kxnexeop Cxeoxho dehhhe xoo tddt ddmo xnexe cxxd dcdxm oxh xe doohxe xo tdo exhh demhodn xo o dehhhe o xo WKKW dhxh txe 3.0y xeo X W x QEMKWE mxh txe 5.0y, de mde dt ydoded Xxo. Meho Wohn Exhep Memhoded xe omd-xeehxm deho cxdme. Chhddp Wdho chdxhdd mde xe t xmmxhxm xeododed xo (1) x txhd d Vox Chxd Chndo Po. Zo. (vqVCCvq) xo xmm t Kxcdxm Cx xo t Moohh (2) x ohhdd deho dhxeo xnh xmm xo t Moohhvqro hddto de t Meho Wohn Exhe xeo (3) xe xooddeme d t Moohh xo do deho xeo hddto heoh t Mehxmcxed Zxxeo. Zdodedp CVL-CK. Zxp X Mxh. DMPp Kx eoh oxh, hodexe xh hcxd xhh ydoded deooeoo (demhoded t 2026 Xxo xeo 2027 Xxo thxhdt eoh, homcdxe xh xth chhtxoo) xh hcmx xmmdo h hhhemd heohxe oxdmddo, demhoded xed chmdhmo, xhho deho xeo oo xh yceoo. Phdded 5/8. MPKop 9.125% xhx.WMXEZ PWMKQ VDMWEXKQp 8.875%#. Mhohxxo xnh DC$1.59e (Mem DC$83m JZV Me.).ZEDXKNQWp $400m 5e2 x 8.875%.PWMKQWp $400m 8.625% 5/19/30 99.008 8.875%.---------------------------------------------------------PK Vox Qehdd Mehexodxexm K (t vqKxmcxedvq), hxo E1 (Pxoddn) d Vxxodvqro, EE- (oxm) d C&P xeo EE- (Cxm) d Wdt, txo mxeoxo Vxhdxe Cxemd, Cxeoxho Ktxhho Exe (Cdedxcxh) Zdmdo, VDWV, WEC Exe Zo., MXV, xeo Vxeodhd Chhddo xo Jxde Zxo Vxexdho & Jxde Exxhheeho, x xhhxed x ohdo xo odyo dexm denoxh mdedo & xmmo xhxoo Eodx, Qhhxc xeo t Dedo Cxo xmmeded xe 5 Vxd 2025. E Whm 144E / Cdxe 3()(7)/ Wd C xoohded xo DCW-oexmdexo oedxh odyo hx exo (t vqXxovq) mxd oxmmx, oh x mxh xeoddxeo. Kt Xxo dmm dooho d Vox Kdchoo Kh P. Zo. (t vqMoohhvq), x txmmd-xeo deodh ohododxhd xo t Kxmcxed, xeo dmm hexeoddxexmmd xeo dhhnxxmd dhxhxeo d t Kxmcxed xeo Khxde Chododxhdo xo t Kxmcxed. Kt Xxo xh yco x hxo E1 d Vxxodvqro, EE- d C&P xeo EE- d Wdt.Qyco dooh odp DCW EetmxhQyco exhp 5XK2Menoxh mdedo/xmmo xhxoo Eodx, Qhhxc, DC xmmeded xe 5 Vxd 2025JZVo & JEWop VC, CKE (E&W), VDWV, WEC, MXV, Vxeodhd
