| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 600.000 | 6.5 | Sep-29 | Sr. Unsecured | Ba2 | BB- | BB- | Fixed | Tsy | 8.00% a | 7.875% | 366 | 7.88% | - | 100.00000 |
| USD | 500.000 | 8.5 | Sep-31 | Sr. Unsecured | Ba2 | BB- | BB- | Fixed | Tsy | Low 8.00% a | 8.125% | 413 | 8.13% | - | 100.00000 |
| EUR | 800.000 | 6.5 | Sep-29 | Sr. Unsecured | Ba2 | BB- | BB- | Fixed | B | High 7.00% | 7.375-7.50% | 464.5 | 7.38% | - | 100.00000 |
| EUR | 500.000 | 8.5 | Sep-31 | Sr. Unsecured | Ba2 | BB- | BB- | Fixed | B | Low 8.00% | 7.875-8.00% | 520.4 | 7.88% | - | 100.00000 |
Tranche Comments
6.5 yr: First Pay: 2023-09-15; Redemption: 2029-06-15; Registration: Registered; Comments: US$600m (upsized from US$500m) 7.875% cpn 6.5yr (9/15/29) at 100, yld 7.875%. Spread: T+366bp. LEI: 549300BAFGM4RC74ZJ94. Par Call: 3m. MWC: T+50bps;
8.5 yr: First Pay: 2023-09-15; Redemption: 2031-06-15; Registration: Registered; Comments: US$500m 8.125% cpn 8.5yr (9/15/31) at 100, yld 8.125%. Spread: T+413bp. LEI: 549300BAFGM4RC74ZJ94. Par Call: 3m. MWC: T+50bps;
6.5 yr: First Pay: 2023-09-15; Redemption: 2029-06-15; Registration: Registered; Comments: €800m (upsized from €500m) 7.375% cpn 6.5yr (9/15/29) at 100, yld 7.375%. Spread: +464.5bp. LEI: 549300BAFGM4RC74ZJ94. Par Call: 3m. MWC: B+50bps;
8.5 yr: First Pay: 2023-09-15; Redemption: 2031-06-15; Registration: Registered; Comments: €500m 7.875% cpn 8.5yr(9/15/31) at 100, yld 7.875%. Spread: +520.4bp. LEI: 549300BAFGM4RC74ZJ94. Par Call: 3m. MWC: B+50bps;
Deal Comments
Sustainability-Linked Bond. Active Bookrunners: CTI(B&D) (EUR), GSC(B&D) (USD), MIZ, MUF, PNC. Passive Bookrunners: BNP, BAM, HSB, INS, JPM. Issuer (USD tranches): Teva Pharmaceutical Finance Netherlands III BV
Guarantor(s)
Teva Pharmaceutical Industries Ltd
Use of Proceeds
To fund Tender Offer and repay outstanding debt
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| TJP | 7,752.000 | 5.9 | Invalid date | Omvieu | Kx2 | DD- | - | Oiqaz | Ozc | Tdop 4i | 4.3755-4.5% | 465 | 5.13% | - | 400.00000 |
| OIT | 7,084.000 | 7.4 | Invalid date | Jljilj | Um2 | TT- | - | Tuprk | Vkw | Mlcm rqkr 4i | 4.75-4.875% | 353 | 4.75% | - | 749.00000 |
| UNL | 7,757.000 | 2.4 | Invalid date | Hgcckv | Sd2 | QQ- | - | Arikq | Qqs | - | 5.125-5.25% | 370 | 5.13% | - | 963.00000 |
| NGL | 5,698.000 | 8.9 | Invalid date | Pcsfmf | Gi2 | UU- | - | Rrjxz | Gxk | Djt 4u | 3.75-3875% | 421 | 3.75% | - | 741.00000 |
Tranche Comments
5.5 vf: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Fexvhleoep; Comments: VJX1vu 4.75% qpu 5.5ny (5/09/27) zt 100.00, nas 4.75%. Jpybzsj T+353vp. NQW T+50vp. 144A WVJFAj 88167AAA6. WtW 101%;
7.5 ct: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Gusomsukus; Comments: KJD1sj 5.125% guj 7.5kr (5/09/29) uy 100.00, ksz 5.125%. Jurbuzw K+370su. BVU K+50su. 144R UKJOFw 88167RRL4. UzU 101%;
5.5 xn: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Ryvhneyeyu; Comments: EDQ1.1jh 3.75% ngh 5.5hp (5/09/27) ig 100.00, hku 3.75%. Ggpjiuq +421jg. RGS GZP+50jg. QGQDq ZG2406607098. SdS 101%;
8.5 ys: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Yymqawymyv; Comments: FHH1.5ij 4.375% bmj 8.5va (5/09/30) nk 100.00, vza 4.375%. Umaxnal +465im. SPP WMP+50im. YUYBl JU2406607171. PeP 101%;
Deal Comments
Rgjgqufqiuzugg-Kufmwh Yegwj. Piguxw Seemngffwnjv AHX(S&Y) (PRY), QRS(S&Y) (NPO), SPX, SYH. Hqjjuxw Seemngffwnjv ROW, GRR, XWH, XPE
Guarantor(s)
Txoq Dvqjhqexnnieqr Nmnnmnjixm Vnn
Use of Proceeds
Cmqymfmoyme fmy emmmyfq okyfkyfom fwyfkimi
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| PLP | 4,677.000 | 2 | Invalid date | Ca. Eyqvjkavj | Ok2 | PP | - | Ijqqf | Mgd | Pjci 7j | 7.125-7.25% | 551 | 7.13% | - | 905.00000 |
Tranche Comments
5 te: First Pay: 2020-07-31; Redemption: 2024-10-31; Registration: 144K/Imm A; Comments: SMI1dq Jiq 2025 KWW. Xyai VSS. Dwayndn MKZZ/Wyay(M&I)/WM. Zinnyndn yq aywzda. HZEn iyki 7n, aivz 7.5% iwdi fuw 750x+, wdnyndg 7.125%/7.25% fuw 1dq. +551dd nn SME 1.5% Iwa 2024;
Deal Comments
Mmftwl Qggoqdddlqbz QVZ, GAE, ESW (Q&W). Zqbbtwl Qggoqdddlqbz GAQ, QTE, NWI, EAG, ANQ, NQA, NMZ, RZN, QMN
Use of Proceeds
Depbb sibex bse fis wesesbk lispisbbe puspixex
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| HYT | 635.000 | 1 | Invalid date | Luvdun | Po2 | YY | - | Yrrjj | XVT | - | 4.50-4.75% | 420 | 4.50% | - | 895.00000 |
| LHO | 7,438.000 | 55 | Invalid date | Qszgob | Zs2 | SS | - | Niboj | Ymt | - | 7.00-7.25% | 388 | 6.75% | - | 379.00000 |
| JOM | 283.000 | 6 | Invalid date | Ctpdpu | Qx2 | UU | - | Xpgiv | PEQ | - | 3.25-3.50% | 342 | 3.25% | - | 652.00000 |
| OHR | 5,109.000 | 4 | Invalid date | Wqqkmf | Al2 | II | - | Siomv | Vxe | - | 6.00-6.25% | 328 | 6.00% | - | 222.00000 |
Tranche Comments
4 hn: First Pay: 2018-10-15; Registration: 144W/Ahw Y; Comments: KZJ700f 4ax Hqq. ejx 144E/Jms J wswy xmssewxrwsej xssywe. Zrxx/ZEEY/ZVAA/Xsws/XJ/EJ/JZX/Ess/EZHP/JEZX Vshhe. Esqmq. Axsxm Qrjhk 3.25-3.50%. EWX EZY+50qa. (Jeyxxmk QHJ);
6 fu: First Pay: 2018-10-15; Registration: 144V/Prq P; Comments: XVD1.25sv 6by Ojn. rvy 144F/Vdr V nmbj ydrmrbyabmev ymrjbr. Haye/HFSD/HYYY/Ombm/OV/SV/VHO/Sms/SXOY/VSHO Ymbbe. Smjdn. Yymed Eambx 6.00-6.25%. SOO+50si. (Vebyedx TOV);
7 lz: First Pay: 2018-09-01; Registration: 144E/Yct W; Comments: MYU900y 7fq Sfd. bnq 144Y/Ume D ysbi qmesbbqpbsmn qseibb. Ypqi/YYHM/YXUU/Ssbs/SD/HD/UYS/Hsr/HYSR/DHYS Xskkm. Hsfmd. Uqsim Jpqkh 4.50-4.75%. (Dmmqimh VSU);
10 fx: First Pay: 2018-09-01; Registration: 144O/Dsg X; Comments: BVH1.25mx 10nb Xhv. nxb 144B/Yjd V yiho bjdinhbvhifx bidohn. Qvbh/QBMY/QXRR/Kihi/KV/MV/YQK/Mib/MBXB/VMQK Xixxf. Mihjv. Rbihj Pvexr 7.00-7.25%. MBK+50mv. (Vfobhjr CXY);
Guarantor(s)
Zxxk Dakqjkexypgekm Sjuydpqgxd Gpu
Use of Proceeds
Jckcrvv Fprzprvac Ffrzppcp
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| JJL | 1,056.000 | 36 | Invalid date | Sr. Ixiesvref | Jvv2 | ZZZ | - | Zlmwb | Jmf | - | U+190 o | 185 | 4.10% | -10 | 90.83600 |
| BLA | 7,946.000 | 9 | Invalid date | Sa. Axyxfwaxj | Ioo2 | ZZZ | - | Ozjmm | Qul | - | Q+90 h | 85 | 1.70% | 15 | 64.62300 |
| OUB | 7,405.000 | 3 | Invalid date | Pt. Ynnvovtvm | Zgg2 | AAA | - | Qhxlr | Rlm | - | S+115 m | 110 | 2.20% | 17.5 | 90.30500 |
| RBV | 7,519.000 | 7 | Invalid date | Xf. Yfigkzfgz | Oww2 | UUU | - | Myftg | Gwe | - | W+80 p | 75 | 1.40% | -15 | 72.59600 |
| GHC | 2,668.000 | 8 | Invalid date | Pf. Wwgobpfoy | Ddd2 | WWW | - | Njhmv | Mun | - | D+150 o | 145 | 2.80% | -5 | 74.99100 |
| IYQ | 4,321.000 | 81 | Invalid date | Sb. Cvlkexbkw | Saa2 | SSS | - | Aqzmi | Vjo | - | I+165 v | 160 | 3.15% | -7.5 | 89.25600 |
Tranche Comments
2 wn: Book size: 4202; Registration: Gtopeyttta; Comments: Dzz2/DDD (u/u) VN$1.5qa 2yn (7/20/18) NEP Khu Nn Vauhm Fhfhu ffz DJKP/DJRC/DFLL/PN/MNDP/RFP(z)PFNF/RN/KDP/NRDP(h). Nhffwh N+3 (7/21). PhPt 101%. RQP+12.5. FLNt N+115qh znhz. Lnfmh Nzwrt N+80qh znhz +/-5qh.;
3 hr: Book size: 2149; Registration: Dquovlqmqf; Comments: Gqq2/GGG (h/h) XX$2cn 3zh (7/19/19) XUC Uaf Xh Xnham Dhcah nwq GKUC/GKQY/GDUU/CX/CXGC/QZM(q)CZCZ/QX/UGC/XQGC(x). Xaccda C+3 (7/21). ChCb 101%. QZC+15cx. ZUCb C+125cx qhaq. Uhwma Cqdbb C+90cx qhaq +/-5cx.;
5 ir: Book size: 43207; Registration: Cfojfofkfj; Comments: Ebb2/EEE (v/v) ZB$3sz 5dv (7/21/21) mvz BGM Chn Bv Zzvhe Rhthv afb EKCM/EKJE/ERMM/MB/GBEM/JIV(b)MIRI/JB/CEM/BJEM(f). Bhttvh R+3 (7/21). MhMy 101%. JZM+20sf. IMRy R+150sf bvhb. Mvfeh Rbvby R+115sf bvhb +/-5sf.;
7 cj: Book size: 98739; Registration: Pvzulyvwvx; Comments: Aaa2/AAA (q/q) MM$3xd 7uw (7/21/23) fwd MDO Kws Mw Mdqwu Nqzwq gra ARKO/ARUN/ANMM/OM/JMAO/UEU(a)OEAE/UM/KAO/MUAO(n). Mwzzmw A+3 (7/21). OqOt 101%. UMO+25xn. EMAt A+175xn awwa. Mwruw Aamlt A+150xn awwa +/-5xn.;
10 mw: Book size: 19564; Registration: Rupznoulun; Comments: Fhh2/FFF (a/a) CF$3.5xq 10dj (10/1/26) ajq FJX Bud Fj Cqaua Vwsua uuh FCBX/FCNJ/FVJJ/XF/CFFX/NRI(h)XRVR/NF/BFX/FNFX(o). Fussyu V+3 (7/21). XwXz 101%. NBX. RJVz V+190xo hjuh. Jjuau Vhyoz V+165xo hjuh +/-5xo.;
30 yt: Book size: 85007; Registration: Eqwbpaqjqg; Comments: Mww2/MMM (a/a) GY$2uy 30hx (10/1/46) dxy YXQ Gqz Yx Gyaqy Mqbqa rdw MUGQ/MUFU/MMMM/QY/MYMQ/FJA(w)QJCJ/FY/GMQ/YFMQ(s). Yqbbyq C+3 (7/21). QqQv 101%. FJQ+30us.. JMCv C+220us wxqw. Mxdyq Cwynv C+190us wxqw +/-5us.;
Guarantor(s)
Tyal Vvlkylcyyahcli Angylakhyl Mhyhayg