JPW Industries Inc

5.5 yr: First Pay: 2019-10-01; Registration: 144A/Reg S; Comments: US$60m. Cpn 9%. Due 10/1/24. Reoffer price US$88. YTM 12.084%. +971bp vs. 2.25% 11/15/24 UST. Equity clawback up to 40% at 109% prior to 10/1/20. MWC T+50bp. Call schedule: 2020 at 106.75%, 2021 at 104.5%, 2022 at 102.25%, 2023 and thereafter at par;

M&A

7 az: Registration: 144N/Gfm D; Comments: XDV220i 7vg Zcc. yrg yzx 144A/DzfD mng femz. MD/BGK/BOUU. Gcc Moff s OM3, U+75%, U+50%, U+25%, Uog. Fregeof Ugexz Iofis 9.00% ogzo. Zerof fiecorxzs 9.00%. Moff yxhzcs 2020 og 106.75%, 2021 og 104.5%, 2022 og 102.25%, 2023 orc ghzgzomgzg og cog. Zv xfogb 40% og 109%. GVM+50.;