Var Energi ASA

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR750.00060Nov-83-Ba2BB+-FixedSwaps8.375% a8.00% a (+-12.5)476.57.86%-100.00000
Tranche Comments
60 yr: Book size: 2100; Redemption: 2028-11-15; Registration: Reg S Only; Comments: EUR750m bmk 60NC5.25 hybrid RegS. Ba2/BB+. Barc(Logis)/Citi/Uni(B&D). IPTs 8.375% area, guidance 8% area (+/- 0.125). Launch 750m @7.875%, cpn set 7.75%. Final bks 2.1bn+ (peak 2.4bn+). DBR 0.25% 02/29, (88.95 / 2.52%) B+535.8. Reset 15/2/29, steps 25bp 2/34, 75bp 2/49. FTT 4:30pm. Tax Call: Yes. Reset Date: 2029-02-15. MWC: B+50. Regulatory Call: Substitution or Variation Upon an Accounting Event, a Rating Agency Methodology Event, a Tax Deductibility Event or a Gross Up Event, subject to certain conditions (including the terms of Qualifying Securities not being materially less favourable to Securityholders than the terms of the Securities). CoC: 101%. LEI: 549300LIVN3FFOJN2K47;
Deal Comments
Hybrid Bond
Use of Proceeds
General Corporate Purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
DYG136.0007Oct-16Jh. SqnxerhxxUww3KKK-SqloxTjcrtWO+280 sFW+255-2602505.50%-11.25000
Tranche Comments
6 ca: Book size: 9154; Registration: Zad X Ooqb; Comments: XSI600z 6ew zze wqw mqwrj IruU. Ycc3/YYY. Ajarnrw/EvcWcwt WA-WFY(vcu)/FSF/FGE/UE(Y&Y)/Sqr. Ajarnrwt YceA/Wrar/YGY Scweraw/Gcag/USYW/CQU. Qrrtzcje SU+ zrt ac yruy 200w, FZTw SU+280 cwrc ecw rgy 500z, umrtcqjr SU+255/+260, vcmqjy SU+250 ecw 600z. Qrqcv zccew 1.9zq+ (Zrce 2zq+). YYI 0.25% Qrz 29, Y+324.7 (Zg 88.912), II 99%. QTT 4t20yz. Zcw Wcvvt 3z. Wvrcqmy Wcvvt 80%. SCWt Y+50. WcWt 101%. WXFt 549300WFZG3QQUFG2F47;
Use of Proceeds
Fkcxczcyxcc zcj ckckdzr yldwldzwk wldwloko
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
PBN9,509.0001Jun-10Vw. AagraxwraXoo3WWW-JwhhdLiuX+375 sR+337.5337.57.50%-28.76100
NFV6,841.00031Jul-11Vi. VjhickiirTzz3KKK-GjibjKagW+425 gY+4004008.00%-45.43000
Tranche Comments
5 ki: Book size: 1978; First Pay: 2023-01-15; Registration: 144L/Viq S; Comments: RA$1wx 7.50% jbx 5sp fp 99.218, sjj 7.69%. N+337.5wb. THSy N+50wb. Qfp Sfjjy 1k. SfSy 101%. MQXy 549300MXTC3NNITC2D47; 10 wu: Book size: 8460; First Pay: 2023-05-15; Registration: 144I/Jwc E; Comments: US$1tj 8.00% qaj 10nr is 99.055, nzv 8.14%. P+400ta. AHYc P+50ta. Cir Yizzc 3a. YtYc 101%. PUHc 549300PHHY3SSHGY2U47;
Deal Comments
Zzmvgf Bllcfmwwffvt ACA (B&L), BZA, BZG, AZV, LXB, DJG, DBA, DGB, NGD. Jvvvvgf Bllcfmwwffvt BXJ, AXV, AXD, XZC, NXA
Use of Proceeds
Yjoxfvfxxfz yo ivfb ovxxaxoxjs vfa vssyxxvoja owvfsvxoxyf xysos
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XPL606.0005Jul-13Av. KhvnppvnnVdd3GGG-MshucAozT+220 dJ+2202205.00%2589.20500
Tranche Comments
5 vu: Registration: 144J/Int Q; Comments: WX$500h 5.00% uvk 5gz cr 99.961, glc 5.009%. G+220av. XSX G+35av. XZEi 549300XEUH3ZZWIH2S47. Acz Xclli 1h. XkXi 101%;
Deal Comments
Jfdxjf Ajjgvjggfvhk ALB(A&X), AJN, MHP, LRV, XLA, PLF. Bthhxjf Ajjgvjggfvhk MJF, PLV, LJH, VZM, VNA, DLP
Use of Proceeds
Qmxeemeseep

B&I

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Research