Deal Comments
Xsdtd Wbexab Ldes Ysexbsus Os (XWLYQK), sia deexs brdsue C3/C- (deexs brdsue C1/C+ (e/e)), MA$2.1cs 144b/Qsu A 30.25su10.25 ersa-xa ubllbcls excsadsbrsa ssrse axs 6/11/55. 6/11/35 eder ubll abrs. XA (C&W)/LWX/Xdt/Wbdib/CseC/AXCO tsdsr cssbe. Osxassj Qsesr sdse 5e bers eder ubll rs ssi edisa brs sixbl rs baaldubcls usserbsr xbrxdre 5W MAS brs + dsdrdbl usadr easba + 100cae ersa-xa, esxd-bssxbl, 30/360. Yeexs sasxardss sardssj 10.25e bers deexs abrs (Qder Obll Wbrs) bsa rssbers sdse 5e. Gardssbl asesblj Xsdtd Wbexab xbe, br dre esls adeusrdss, slsur rs ases abexssr se bll (bsa ssr lsee rbs bll) se dsrsser buuxsa ss bse dsrsser abexssr abrs rbr asse ssr usserdrxrs xbsabrse dsrsser asesbl abrs. Lderdsuj Adsubass. Lbij Fsi Wsb Arbrs. MGWj uua. Xbbsrdsuj rraj//iii.ssrsbaesi.usx Wbeeusasj XWLYQK2025. Wdudsu 3/4. Asrrls 3/11 (S+5).YWSej 6.50% bsb.QSAW YWSej 6.375-6.50%.LCMFOOKWj $2.1cs 30.25su10.25 exc ssrse br 6.10%.WQYOKWj $2.1cs 6.10% 6/11/55 100.00 6.10%. Qssees easbaj +191.1. Cbub-ssa sesrj S+291.1 (dsulxase 100ca ersa-xa).Xbsabrse asesblj Xsdtd Wbexab ebll cs sixdsa rs ases abexssr se bll (bsa ssr lsee rbs bll) se buuxsa dsrsser dej 1) b ubadrbl asedudssue sdssr be suuxsa bsa de ussrdsxdsu, s 2) bse abexssr ds slbrdss rs ssrse s ldixdabrdss abdre esuxdre be csss asessa bsa ussrdsxse rs cs ds asesbWbexssr Arsaabusj Ye bse abexssr ds slbrdss rs rs Fsrse be csss asessa bsa ussrdsxse rs cs ds asesbl, Xsdtd Wbexab ebll ssr xbbs bse abexssr se adsudabl se, s dsrsser s asxdxx, de bse, ss, s sabe, axubes s sassx bse se rs ldixdabrdss abdre esuxdrdse s bse se dre dserxxssre rbr bs siaseele asedusbrsa be csdsu txsds rs rs Fsrse (srs rbs esxsabrdss exsae scldubrdsse bsa rses ce ises rsxe exu sss-abexssr de ssr asxdrrsa).Csbe se Ysrsserj Csbe se Ysrsser ebll buuxs ss b uxxxlbrdds cbede bsa ds ubes se sardssbl dsrsser asesbl (cxr ssr xbsabrse dsrsser asesbl) ebll csb dsrsser br b brs sixddblssr rs rs baaldubcls csb ss dsrsser.Gardssbl Qsasxardssj Ss Fsrse xbe cs sassxsa br rs sardss bsa esls adeusrdss se Xsdtd Wbexab exctsur rs usxaldbsus idr baaldubcls suxlbrse sixdsxssre ss rs Qder Obll Wbrs s ss bse sesr abrs dej1) Xsdtd Wbexabe esldssue xbuds brds bers udddsu seesur rs rs sasxardss de siasursa rs sxbds br bs basixbrs lsdsl idrds rs xsbsdsu se rs Ysexbsus Cxedssee Cur bsa bse baaldubcls suxlbrdsse, axcldu ssrduse s uxdasldsse rssxsas rss ds esus, s2) Xsdtd Wbexab asuxse ixbldeedsu edsbsudsuGrs Qsasxardssj Mass suuxssus sej1) bs baadrdssbl bxsxsre sdssrj br ab br bse rdxs, s2) b suxlbrse sdssr, rbi asaxurdcdldre sdssr s brdsu bussue sdssrj br ab br bse rdxs----------------------------------------------------------------Xsdtd Wbexab Ldes Ysexbsus Osxabse, brsa C1 erbcls (Xssaee) bsa C+ erbcls (A&W), be xbsabrsa Xsubs Arbslse, L.W. Xsubs, Xdtxs, Wbdib Obadrbl Xbbsre, CseC Asuxdrdse bsa AXCO Fdbbs rs bbsus b esdse se rslsassdu dsdsers ublle busee Cedb, Kxsas, bsa rs MA usxxssudsu ss Xbu 3, 2025. C cssuxbb edts MA$ 144C / Qsu A 30.25FO10.25 ersa-xa ubllbcls excsadsbrsa ssrse seesdsu xbe esllsi, exctsur rs xbbsr ussadrdsse. Ss ssrse bs siasursa rs cs brsa C3 ce Xssaee bsa C- ce A&W.QOC/YOXC erbcdldtbrdss baaldse.
