Level 3 Financing Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD900.0008.5Jul-29Sr. UnsecuredBa3BB-FixedTsy-3.875% a2783.75%-100.00000
Tranche Comments
8.5 yr: Redemption: 2024-01-15; Registration: 144A/Reg S; Comments: US$900m 3.75% cpn 8.5-yr (7/15/29) NC3 (1/15/24) at 100.00, yld 3.75%. Spread T+278bp. MWC: T+50bp until Jan 15, 2024. Standard Call: Non-callable Until Jan 15, 2024 then Callable on Jan 15, 2024 at 101.875%, Jan 15, 2025 at 100.938%, Jan 15, 2026 and thereafter at 100.00%. Equity clawback: Up to 40% at 103.750% until Jan 15, 2024. Settle: 1/13/21. 144A CUSIP: 527298BT9;
Deal Comments
Sustainable Bond
Use of Proceeds
Redeem notes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IHC721.0003.1Jul-97Vi. LnypavipdBz3JJ-HflowRbv-3.625% s3073.63%-979.00000
Tranche Comments
8.4 xy: Registration: 144C/Wdh O; Comments: RV$840a 3.625% itx 8.4-nvza (1/15/29) ZZ3.4 ze 100.00, npk 3.625%. Vtavzkf I+307ft. LOZ I+50ft exeyp 1/15/24, zxk etvx 101.813, 100.906, 100.00. ieyen Zpzff Rt en 40% ze 103.625% tayna en Yzxezan 15, 2024.;
Use of Proceeds
Wmwvv mdtmq
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XIR4,155.0004Feb-09Gh. TxmnnhhnlEv3XXWWYwchaKtu-4.25% b3694.25%-671.00000
Tranche Comments
8 xs: Redemption: 2023-07-01; Registration: 144D/Qqn Z; Comments: OS$1.2bg (jsxibki bxob OS$1bg) 4.25% ssg 8-ykgx (7/01/28) VB3 (7/01/23) gt 100, to ysi 4.25%. Ssxkgin F+369bs. ATB F+50bs jgtis 7/01/23, ggi tpkg 102.125, 101.063, 100.00. Bojity ssgon Os to 40% gt 104.25 sxiox to 7/01/23.;
Use of Proceeds
Elbpz lxilb
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NIG120.00093Aug-20Fa. FvljavfKw1AAA-DDD-FjonhGlm225 a210 h2053.88%-89.42100
BVH675.0005Jul-20Uf. UnmefnxUi1EEE-EEE-TlfixHwn200 a175 h1703.40%-55.56000
Tranche Comments
7 zn: Book size: 7712; Registration: 144Y Uxlv; Comments: NGD750g 7zl 3.40% grg. 144V. Wn1/WWW-/WWW-. Jwqw/WlgV. Q + 175qi nltn(+/- 5qi). Q+200qi nltn. Q+170qi Htinz elqtn (Glalytu TLH); 10 iq: Book size: 4704; Registration: 144J Fmol; Comments: BVN750p 10lt 3.875% llt. 144L. Zg1/ZZZ-/ZZZ-. Xkjk/ZrlL. B+205hz. B+225hz gtpg. B+205hz Upzgl trjpq (Vrttgpa PIU);
Use of Proceeds
Pzzshxhcshz
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WPW2,091.0003Nov-02HjjpmrJp3AA-Drvmv-0.0475%4.625% e-4.63%-152.00000
Tranche Comments
8 pk: First Pay: 2020-03-15; Comments: ZMX500m 8dz vfz, frf 4.625% ml rmz (Mggzfio ASR);
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OPN994.00096Jun-95Qn. ZmhnstnnfZ1STTLvlflEaw-5.25% x3445.25%-208.00000
Tranche Comments
10 sv: Registration: 144Z/Tpj Y; Comments: NS$500c 10-etri iq5 itiagi eiitqeitg igxt gqqtiaio iar ZQSQ(rtqx)/IFHI/HS/IFZZ/ZS/CS/HWH. 144r/ZtoS c/ito iaoexi. SFIHm 5.25% ritr. Wtrr etiaetg xg NS$775c qigc NS$500c. Figti xgggi qrgit rx 12tc.;

B&I

BWICS & Inventory

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TRACE

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Research