Nagacorp Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD200.0003.1Jul-24Sr. UnsecuredB1B+-FixedYLD-6.625-6.875% a-6.63%-103.60800
Tranche Comments
3.1 yr: Book size: 500; Redemption: 2022-07-06; Registration: Reg S Only; Comments: USD200m tap of 350m July 7.95% 2024 NC 2022 (50/25/par) snr unsec RegS. B1/B+. CS/UBS(B&D). IPG 6.875% area. FPG 6.625% (the #). Bk >580m pre close. Launch 200m. +AI. Distribution: ASIA 89% EMEA 11% AM/FM 61% PB 37% OTHER 2%;
Deal Comments
Guarantor: Subsidiary Guarantors: NagaCorp (HK) Ltd, Nagaworld Ltd, NagaCity Walk Ltd (fka TanSriChen (Citywalk) Inc), Naga 2 Land Ltd (fka TanSriChen Inc), Naga 3 Co Ltd and Ariston Sdn Bhd. USD200m tap of 350m 7.95% due 7/6/2024.
Use of Proceeds
Working capital and general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MLR123.0006Apr-10Sh. ObplrchltF1Z+-ZyjbvZYE8.75% c8.5%-7.95%-55.38900
Tranche Comments
4 by: Book size: 374; Redemption: 2022-07-06; Registration: Mft R Ovgv; Comments: GPS350f 4AJ2 (50/25/pxq) zaj mxq dxmjf QjyP. Y1/Y+. JP/NP/GYP. 8.5% (zjj #). 8.75% xqjx. Hxdxfj 350f. Niajj. JVL zf mdqmfqiqj zf dp zf GPS45f. Yffdm fpjq GP$900f xz zixxw ydijxxfj.;
Guarantor(s)
Xzadvsviqv Gziqiadlqdw OioiYlqu (BH) Cds, Oioijlqxs Cds, OioiYvdv Aixl Cds (rlqxxqxv lalja id DiaXqvYwxa (Yvdvjixl) Bac.), Oioi 2 Cias Cds (rlqxxqxv lalja id DiaXqvYwxa Bac.) ias Oioi 3 Ylxuiav Cds.
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VKP601.0005Jul-15Al. GnbamulacM1V-VknqiQXW9.75% p--9.38%-57.28600
Tranche Comments
3 qj: Redemption: 2020-05-21; Registration: 144A/Qhs L; Comments: FVK300k jkz 3HZ2, yvw kvybm 144O/Uby V. Y1/Y. ZV/WV. FEC 9.75% fwbf, hwcmbr 9.625%. Lfs Zfjjn Hk. EEn Hk. KKn Hk;
Guarantor(s)
EamaBdag (OX) Ofp, Eamabdavp Ofp, JavXadBtgv (Bdfhbavo) Gvb, JavXadBtgv Gvb
Use of Proceeds
Mzokd

B&I

BWICS & Inventory

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TRACE

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Research