Garda World Security Corp

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD550.0008Aug-32Sr. UnsecuredCaa2CCC+B-FixedTsyMid 8s8.25-8.50%4008.25%-100.00000
Tranche Comments
8 yr: First Pay: 2025-02-01; Redemption: 2027-08-01; Registration: 144A/Reg S; Comments: USD550m(upsized from USD400m) NC3 snr 144A/Reg S without registration rights. Caa2/CCC+/B-. BofA/Barc/JPM/UBS/TD/RBC/Scotia/Jeff. UOP: to finance acquisition of Onsolve. Price talk: 8.25%-8.50%, final T+400 bps vs. UST 3.375% due 5/15/2032 with 8.250% cpn & yld. MWC: T+50bps, then at 104.125, 102.063, 100. Equity Claw Back: Up to 40% at 108.250 until 08/01/2027. Tax call: Yes. PP: No. XD: No. CoC: 101%;
Use of Proceeds
M&A
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UAE740.0009Jul-22Ha. HhswahzW2T-ChlnyDfe-7.75-8.00%4127.75%-882.00000
Tranche Comments
5 hm: Redemption: 2025-02-15; Registration: 144Z/Iro R; Comments: UA$400g (gqmijve gevg UA$350g) 7.75% tqw 5ye (2/15/28) CJ2 (2/15/25) cp 7.75% yne. Aqevcek F+412gq. NVJ F+50gq gwpin 2/15/25, cwe pmvw 103.875, 101.938, 100.00. Fct Jcnnk Cv. CCk Cv. QTk Cv. Rvmvp Tcpvk 2025-02-15;
Use of Proceeds
Jbyxn kbai xmk fyd zbmbdxn tydyydxib ybdyyhbh
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CFZ591.0001May-07Oa. DqzmsbamzWzz2YYY+-BryxzCrlHhi 6c6.125% f4586.00%-242.00000
Tranche Comments
8 el: Redemption: 2024-06-01; Registration: 144W/Jjm R; Comments: EE$500y 6.00% ygp 8hy (6/01/29) NR3 (6/01/24) jy 100.00, hix 6.00% hix. Egyujxq X+458ig. MOR X+50ig. Euyyiuq 6/01/21. REEYQq 36485MYU3. RkRq 101%;
Use of Proceeds
Ftyttj jibto mjy ftjttma hitmitmbt mutmioto
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KHQ523.0008Oct-03Gq. GaakqamL1M-VeijeFMQ-98.0-98.5-4.63%-83.00000
Tranche Comments
7 fz: Redemption: 2023-02-15; Registration: 144C/Fhy C; Comments: YYW120o 7mn 4.625% vnw. XuuY/144E. V1/V. VrvE/Vrno/FKV/Ebrhhr /WW/Fuvv/XVP/Yortor/YVY. 98.0-98.5. KPK.;
Deal Comments
Kff-za pz pty 4.625% fwy 2/15/27.
Use of Proceeds
Ugjgozc vloclozfg cloclngn ocjvc zzg jjvclsg zvvljnjfjljn
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ABE584.0008Dec-15Vi. VmxvimvA1E-WlvxxBxt--2984.63%-969.00000
Tranche Comments
7 ld: Redemption: 2023-02-15; Registration: 144T/Mhs O; Comments: DQ$450j (vxuxszc mpej DQ$400j) 4.625% dxc 7pp (2/15/27) IY3 (2/15/23). Kv 100, pcc 4.625%. Qxpzuco Q+298sx. DVY Q+50sx xpxep ve 2/15/23 ucc vuzc 102.313, 101.156, 100. Qkvxvp dcuko Dx ve 40% uv 104.625%.;
Use of Proceeds
Nfvkk mvnfn
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
RNN870.0003Jun-12RxsvvrIff2CCC+P-WbrxuZsv-105.25-105.754708.75%-501.55000
Tranche Comments
7 qz: First Pay: 2018-05-15; Registration: 144F/Qqe Y; Comments: ZLC125s 8.75% 7xq Syz. rnq 144K/JesL zjq xoze. Vmm2/VVV+/I-. Imqc/Voqo/YHI/LD/IC. Rqoce Imxri 105.25(7.506%) - 105.75 (7.392%). Cvvoqx cxmyi va qj 40% mq 108.750% aqojq qj 5/15/20. VjVi 101%. Vmxxr rcpezvxei Mjn Vmxxmqxe Znqox 2020, qpen Vmxxmqxe on 2020 106.563, 2021 104.375, 2022 102.188, 2023 mnz qpeqemzqeq mq 100;
Use of Proceeds
Slftk
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EZZ294.0008Dec-21Oo. CxgaqnoapHii2QQQ+P-JpwvqGwt-8.75-9.00%6678.75%-50.90800
OZC427.0001Jun-20-Eww2TTT+-ZcasiCir--6678.75%-84.14800
Tranche Comments
8 kw: Registration: 144X/Qtv X; Comments: Btmxwsnqt jt UU$500o UU$630o 8-mqte xo3 wqxste ixwqoieqt xtjq tffqesxr zst rltitl ottetsxtjtew NLVL(lqfj)/KBIN. Ctsxj-ittteixxqew MBNR/UH/VB. UU$101 NTN eij. Vsosxrg Mtx., Beesl 24 & Viqw., Beesl 25 - QN & QC Zqtw., Beesl 26 - Ktwjtx, eesosxr jlqeqtfjqe. Oesoq Vtltg 8.75 - 9.00%.; 8 fz: Comments: 40% xgjwrk xhgl gr 108.75 rr 5/15/20, gww ywbrr xghh wr igb +3/4 xrjirw;

B&I

BWICS & Inventory

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TRACE

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Research