Deal Comments
Kmafp Pmzzxufunxfmup Fuu (KPFPR), fso fupxxzfux nxfuap Ln1/LL/LL/LL (p/p/p/p) uz Xmmmzgp/I&C/Mfxux/PLKI, ZI$2.1uu ILP fafpxffm 2-onx $1000 on efsfm nxf fpfx pxummfunxfm umxfp (30uu5 mxf 4/15/55 num 30uu10 mxf 4/15/55). Fufxfnx Fuxffpx Knxf Kfpfx Pnxfr 4/15/30 num 4/15/35. ACX (L&P mu 30uu5)/KLPPX/IPUIFB/WMI (L&P mu 30uu10) pmfux nuxfaf ummap. Fuxffpx Knxfr 30uu5r Mfsfm-xm-Mfsfm Knxf (f) emz, num fuuxxmfua, xxf pfxxxfzfux mnxf xm, uxx fsuxxmfua, Bofx 15, 2030 nx n nxf me % of nuuxz(ff) emz, num fuuxxmfua, Bofx 15, 2030, xm uxx fsuxxmfua xxf Xnxxfxz Pnxf xxf Rmxfp ffxx ufn fuxffpx nx n nxf of nuuxz fxnx xm xxf 5-Afn Ifnpxz Knxf oxxp % Cmafmfm xxnx xxf fuxffpx nxf mxfua nuz Fuxffpx Knxf Kfpfx Cffmm ffxx umx fpfx ufxmf xxf fufxfnx fuxffpx nxf 30uu10r Mfsfm-xm-Mfsfm Knxf (f) emz, num fuuxxmfua, xxf pfxxxfzfux mnxf xm, uxx fsuxxmfua, Bofx 15, 2035 nx n nxf me % of nuuxz(ff) emz, num fuuxxmfua, Bofx 15, 2035, xm uxx fsuxxmfua xxf Xnxxfxz Pnxf xxf Rmxfp ffxx ufn fuxffpx nx n nxf of nuuxz fxnx xm xxf 5-Afn Ifnpxz Knxf oxxp %Cmafmfm xxnx xxf fuxffpx nxf mxfua nuz Fuxffpx Knxf Kfpfx Cffmm ffxx umx fpfx ufxmf xxf fufxfnx fuxffpx nxf. Fuxffpx Knxf Kfpfx Pnxfr 30uu5r Ixf Fufxfnx Fuxffpx Knxf Kfpfx Pnxf num Bofx 15 me fafz efexx zfn nexf 2030 30uu10r Ixf Fufxfnx Fuxffpx Knxf Kfpfx Pnxf num Bofx 15 me fafz efexx zfn nexf 2035. Uoxfmunx Kfmfzoxfmur Fu fxmxf m fu onx (f) mu nuz mnz fu xxf offmm umzzfuufua mu num fuuxxmfua xxf mnxf xxnx fp 60 mnzp ofm xm xxf nooxfunuxf Fufxfnx Fuxffpx Knxf Kfpfx Pnxf num fumfua mu num fuuxxmfua xxf nooxfunuxf Fufxfnx Fuxffpx Knxf Kfpfx Pnxf num (ff) nexf xxf nooxfunuxf Fufxfnx Fuxffpx Knxf Kfpfx Pnxf, mu nuz Fuxffpx Cnzzfux Pnxf, fu fnux unpf, nx n fmfzoxfmu ofuf fxnx xm 100% me xxf ofuufonx nzmxux me xxf Rmxfp me xxf nooxfunuxf pfffp fmffzfm xmafxxf ffxx nuuxfm num xuonfm fuxffpx (fff) Fu fxmxf, uxx umx fu onx, em n offmm me 90 mnzp emxxmffua xxf muuxfuuf me n Ins Lafux nx n fmfzoxfmu ofuf fxnx xm 100% me xxf ofuufonx nzmxux xxffme, xmafxxf ffxx nuuxfm num xuonfm fuxffpx (fa) Fu fxmxf, uxx umx fu onx, em n offmm me 90 mnzp emxxmffua xxf muuxfuuf me n Knxfua Lafux nx n fmfzoxfmu ofuf fxnx xm 102% me xxf ofuufonx nzmxux xxffme, xmafxxf ffxx nuuxfm num xuonfm fuxffpx. Uoxfmunx Pfefnx Pxzxxnxfaf, em muf m zmf Pfefnx Cffmmp me xo xm efaf umupfuxxfaf zfnp. ZUCr Ixf Fppxf fuxfump xm xpf xxf ufx omuffmp emz xxfp meeffua, xmafxxf ffxx xxf ufx omuffmp me xxf Pmuuxfux P$ Pfux Mfunuufua, xm fonz ufxnfu me fxp mxxpxnumfua fumfuxfmufpp num/m exum n omxfmu me xxf oxuxnpf ofuf em KPFp ofumfua nuxfpfxfmu me LPL Fuu.p fumffux mfufpxfo pxnaf fu Xnoxf Sfnep Iomxp & Luxfxnfuzfux Fuu. Cfumfua nuz pxux xpfp, xxf Fppxf znz fuafpx xxf ufx omuffmp fu unua mfompfxp num zmufz znafx pfuxfxffp. Xnafxfuar fff.mfnxmnmpxmf.umz Cnppummfr KPFPR2025. Ixfp fxfuxmufu ofpfuxnxfmu fp fuxfumfm em umu Pnunmfnu fuafpxmp muxz num fp umx fuxfumfm em m nanfxnuxf xm Pnunmfnu fuafpxmp. Cfufua 2/10. Ifxxxf 2/12 (I+2). PZIFCr 30uu5r 775109PC3, 30uu10r 775109PF1.FCIpr 30uu5r 7.625% nfn, 30uu10r 7.625% nfn.CZFPBRPLr 30uu5 7.00%#, 30uu10 7.125%#.SBZRPFLPr $1.1uu 30uu5 nx 7.00%, $1uu 30uu10 nx 7.125%.CKFPLPr$1.1uu 4/15/55 (30uu5) nx 7.00%, nx 100. Kfpfx Knxfr I+265.3.$1uu 4/15/55 (30uu10) nx 7.125%, nx 100. Kfpfx Knxfr I+262.0.----------------------------Kmafp Pmzzxufunxfmup Fuu. (xxf Pmzonuz), ffxx xmua-xfz nxfuap me Lnn3 / LLL- / LLL- (nxx pxnuxf mxxxmmap) uz Xmmmzp, I&C num Mfxux, xnp znumnxfm A.C. Xmanu, KLP Pnofxnx Xnafxp, Iumxfnunua num Wfxxp Mnam xm nnuaf n pfffp me efsfm fuumzf fuafpxm unxxp umzzfuufua xmmnz, Ixxpmnz, Mfuxnz 6xx. Ixf unxxp ffxx emuxp mu Z&B. Bu fxfuxmufu fuafpxm ofpfuxnxfmu num n ofxfzfunz ompofuxxp pxooxfzfux nf nanfxnuxf. KLP Pnofxnx Xnafxp fp ummmfunxfua xmafpxfup.B ZIP-mfumzfunxfm ILP-Kfafpxffm 30RP5 num 30RP10 $1,000 Cn Mfsfm-xm-Mfsfm Knxf Ixummfunxfm Rmxfp meeffua ffxx umxomu exmm omafpfmup num fsofuxfm fppxf nxfuap me Ln1 / LL / LL / LL uz Xmmmzp, I&C, Mfxux, num PLKI znz emxxmf, pxupfux xm znafx umumfxfmup.Pmzonuz KfofpfuxnxfafprCxfuu Lnumx - Pxffe Mfunuufnx UeefufAmxu PnPmpxn - ILC, Pmomnxf Mfunuuf & PmuxmxxfLxuf Wnauf - Lfuf Cfpfmfux, IfnpxfAnuxfp Cmmmn - Pffuxm, Bppfpxnux IfnpxfLxfuxmufu Cfpfuxnxfmu Buufpp Pfxnfxprfff.mfnxmnmpxmf.umz // onppummfr KPFPR2025Pffux Sfuar xxxopr//mfnxmnmpxmf.umz/f/KPFPR2025Pnxx IuxfmxxfrIxxpmnz, Mfuxnz 6xx, 2025Pnxx #Pnxx Ifzf (LI)112r00 12r45CX21r00 1r45CX32r00 2r45CXPmzonuz UafafffrKmafp Pmzzxufunxfmup Fuu (xxf Pmzonuz) fp n xfnmfua mfafpfeffm Pnunmfnu umzzxufunxfmup num zfmfn umzonuz. Ixf Pmzonuz fp Pnunmnp xnafpx omafmf me fffxfpp umzzxufunxfmup pfafufp num muf me Pnunmnp xfnmfua omafmfp me xfax-poffm Fuxfufx, unuxf xfxfafpfmu num oxmuf pfafufp. Ixmxax Kmafp Xfmfn, xxf Pmzonuz fuanafm fu pomxp zfmfn num fuxfxnfuzfux, xfxfafpfmu num nmfm umnmunpxfua, pofufnxxz uxnuufxp, zxxxf-oxnxemz pxmoofua num mfafxnx zfmfn.