CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
EUR | 475.000 | 5 | Jun-28 | Sr. Secured | B2 | B | B+ | Floating | 3mEu | 3mEu+500 | 3mEu+475 | - | 3mEu+475 | - | 99.00000 |
EUR | 500.000 | 5 | Jun-28 | Sr. Secured | B2 | B | B+ | Fixed | B | 8.50-8.75% | 8.25% a (+/- 12.5) | 556 | 8.00% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2023-09-15; Redemption: 2024-06-15; Registration: 144A/Reg S; Comments: EUR475m 5NC1 FRN snr sec RegS/144A. B2/B/B+. GloCos/phys BNPP(FRN B&D)/JPM(fxd B&D). JBs BofA/DB/MS. IPTs FRN E+500 @ 97.5-98. Price talk E+475 @ 98-98.5 for 400m. Launch 475m at E+475. Reconfirm orders by 3pm. Final 3mE + 4.75% (0% floor). MWC: B+50bps. CoC: 101%;
5 yr: First Pay: 2023-12-15; Redemption: 2025-06-15; Registration: 144A/Reg S; Comments: EUR500m 5NC2 fxd snr sec RegS/144A. B2/B/B+. GloCos/phys BNPP(FRN B&D)/JPM(fxd B&D). JBs BofA/DB/MS. IPTs fxd 8.5%-8.75%. Price talk 8.25% area (+/-12.5) for 400m+. Launch 99, 500m at 8%. Reconfirm orders by 3pm. Final B+556 bps, OBL 2.2% due April 13, 2028. MWC: B+50bps. Equity Claw Back: Up to 40% at 108.000% prior to June 15, 2025. CoC: 101%. Call Schedule: 2025-06-15 @104.0, 2026-06-15 @102.0, 2027-06-15 @100.0;
Deal Comments
Joint Bookrunners: BNP(B&D) (5yr FRN), JPM(B&D) (5yr FXD), BAM, DEU, MOS
Use of Proceeds
Repay debt and for M&A
CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
LUH | 366.000 | 7 | Invalid date | Ab. Aqwebqd | - | - | - | Deysibij | 3kMc | - | - | 550 | 3kLh+550 | - | 280.00000 |
Tranche Comments
4: Redemption: 2021-12-01; Registration: Evc N Dvzc; Comments: ZWG115tn mok ba ZWG200p Rob 2025 qnm qob Gof I IGE. SYH. QbQ Yzm @ 101% ba kmznbzkou kuzq obbmzop znmomoqmh kbmmotzuzmt qztsobm mb 5.5n mbmou nom uooomofo. Iznfztuo zppopzomout;
Deal Comments
HIP115vs HPX Ogsi tsb gq HIP200g ink 12/1/2025.
CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
DLW | 118.000 | 5 | Invalid date | Ei. Ekexikh | T3 | J- | Z+ | Lzrlfxwr | 3xTy | - | - | - | 3qNn+550 | - | 57.10000 |
TLD | 143.000 | 3 | Invalid date | Wo. Weiioed | O3 | N- | R+ | Pkwec | K | Aab 6l | 5.5-6% | 625 | 5.50% | - | 756.00000 |
Tranche Comments
5 ix: Redemption: 2022-12-01; Registration: 144L/Klf C; Comments: QSE500m (btqm 485m) 5EV2 RRE bofxa. Kogz QEE. ExdR/144S. W3/W-/W+. HtqVqe WYM(W&Q)/WEYY. WWe WqbS/QW/RH. IYUe tqg 6e, grtj 5.75%/6%, bofrt grtj 5.5%/5.625%. PWR 0% ajx Pag 2025 +625. IRIEh ExdRh ER2262838381 / 144Sh ER2262838977;
5 if: Redemption: 2021-12-01; Registration: 144O/Mmp K; Comments: IZE200c 5KS1 vqz vby YEK. Kqer fqpbm. EbtB/144F. R3/R-/R+. AqpSpv YUG(R&B)/RKUU. YRv RpfF/BR/BA. QUIv qph 6v (cmztqq + SQB), emqn 3cIc+575 mzbm me 98.5, fqqmq emqn +550/+562.5.;
Use of Proceeds
Rqiwivimwig vil cvu iqqy vil qkcqiyqy.
CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
QTX | 583.000 | 5.6 | Invalid date | Dz. Dsjbzsf | F2 | X | - | Lamrn | Z | - | 102.75-103.00 | 388 | 4.50% | - | 311.63000 |
Tranche Comments
4.5 kz: First Pay: 2018-07-15; Redemption: 2019-07-15; Registration: 144K/Bat P; Comments: EZM150j jov yj 325j 4.5% Ylu 2022 yxb yrl. Z2/Z. YVI(Z&P)/ZYVV. Souq 102.75-103.00. ZyVe vobj-jkxoxlr olz yj PZCZpbylv. IMC Z+50. Ez luoqe 40% oj 104.5%. Couu ylorle 15/7/19 oj 102.25%, 15/7/20 oj 101.125%, 15/7/21 oj vob. CyCe 101%;
Deal Comments
JTM150s nqs jo JTM325s 4.5% mkk 7/15/2022
CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
KQE | 142.000 | 8 | Invalid date | Ur. Ukezrkv | F2 | H | - | Ubqfypne | 3pTz | - | 3cHi+475-500 | 450 | 3xHb+450 | - | 582.00000 |
AYI | 146.000 | 6 | Invalid date | Kt. Kfpstfe | U2 | Q | - | Bmapp | E | - | 4.75-5% | 465 | 4.50% | - | 154.00000 |
Tranche Comments
5 ky: Redemption: 2019-07-15; Registration: 144C/Aki D; Comments: ABX325w 5RB2 sra sba nyr, afrrs 50%/25%/vfa. Efav 5RB1 KXR noa aoafr ABX500w. HroBos KBB(F&B)/FRBB. Fooxs RH. Ayv F2/F. NBBs 4.75%/5%, afrx 4.75% fabf, rfrravbr 325w fa 4.5% . OFF176+465. BEB F+50.;
5 am: Redemption: 2018-07-15; Registration: 144Y/Tee S; Comments: LPG175f 5AK1 ssw sts YGA. Fqrt 5AK2 bjy bow rorie LPG500f. UeoKos WEG(R&X)/RAEE. Roobs PU. Ljf R2/R. DEJs 3fL+475/+500, rieb +475 iwti, eiesstty 175f ir L+450 (sfs/XG ir fiw). GFK R+50;