7 yr: Redemption: 2022-09-07; Registration: 144A/Reg S; Comments: US$150m downsized from USD$350m add-on of the 5.75% 9/07/2027 at 106, yld 4.801%. Spread: T+311bp. Equity Clawback: Up to 40% at 105.75. MWC T+50bp until 9/07/2022, then: 9/07/2022 102.875, 9/07/2023 101.438, 9/07/2024 and thereafter 100. Prior to 9/07/2022, up to 10% may be redeemed at 103%.;
Deal Comments
US$150m add-on of the 5.75% 9/07/27.
Use of Proceeds
Proceeds to repay certain amounts outstanding under Term Loan.