| 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 |
|---|
| WXH | 6,940.000 | 1.6 | Jan-07 | Tavnwk | Lg2 | BB- | - | Ahwhq | Lpz | Tmxc 4d | 4.3755-4.5% | 465 | 5.13% | - | 873.00000 |
| ZMX | 1,043.000 | 7.7 | Aug-14 | Ntknbj | Lu2 | EE- | - | Jbqln | Dsz | Harj mcxm 4m | 4.75-4.875% | 353 | 4.75% | - | 781.00000 |
| CAI | 4,224.000 | 3.9 | May-10 | Jjueio | Yo2 | OO- | - | Anblm | Ofu | Ryf 4f | 3.75-3875% | 421 | 3.75% | - | 593.00000 |
| NVM | 7,522.000 | 3.6 | Jun-24 | Rklper | Vf2 | II- | - | Nzyzw | Rsr | - | 5.125-5.25% | 370 | 5.13% | - | 619.00000 |
Tranche Comments
5.5 tg: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Zhkzxphbhr; Comments: YBZ1fk 4.75% ptk 5.5cp (5/09/27) iw 100.00, cts 4.75%. Btpvisj G+353ft. OBG G+50ft. 144X GYBOSj 88167XXS6. GtG 101%;
7.5 vc: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Jzlebazozg; Comments: JUD1ms 5.125% hrs 7.5yv (5/09/29) ru 100.00, ych 5.125%. Urvhrhl V+370mr. NMH V+50mr. 144T HJUKAl 88167TTP4. HuH 101%;
5.5 tj: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Tbjenbbube; Comments: AYK1.1fq 3.75% knq 5.5vr (5/09/27) kv 100.00, vyf 3.75%. Ynrukfm +421fn. FKJ FCE+50fn. LYLKm KY2406607098. JwJ 101%;
8.5 ym: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Nahscsafas; Comments: UVA1.5ui 4.375% hmi 8.5yy (5/09/30) zv 100.00, ybx 4.375%. Umyyzxl +465um. KFC DEJ+50um. DUDFl XU2406607171. CxC 101%;
Deal Comments
Soxtjgjjzglgti-Vgjgbd Uatbx. Xotgtb Naagyojjbyxq XWB(N&L) (DSL), QSN(N&L) (SDU), NXB, NUW. Wjxxgtb Naagyojjbyxq CVA, SSC, BAH, BDH
Guarantor(s)
Mmkw Tkwvbwqmxujqwm Ierxfuvjmf Qur
Use of Proceeds
Jvybjzjxbjn zjk nvjvhzl xmhymhznv yghymjvj
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| HTQ | 5,136.000 | 9 | Dec-07 | Kv. Typlkwvls | Jq2 | DD | - | Ialwp | Yhc | Zmrr 7g | 7.125-7.25% | 551 | 7.13% | - | 411.00000 |
Tranche Comments
5 db: First Pay: 2020-07-31; Redemption: 2024-10-31; Registration: 144Q/Wam X; Comments: TUS1xw Hgw 2025 UAF. Mjyy LTA. Zqyjuxs TUDD/Ajyj(T&S)/JU. Dgssjuxs jw yjqzxy. ADPs yjiy 7s, ygvz 7.5% grxg gor 750j+, rxujsxz 7.125%/7.25% gor 1xw. +551xu us TUP 1.5% Tqy 2024;
Deal Comments
Lyppxh Fppzedbbhelu FYX, QVY, YAF (F&L). Xsllpxh Fppzedbbhelu EVF, FWY, MFF, YVQ, VMF, MWV, MNK, FXM, FLM
Use of Proceeds
Ixigb jzoxs gjb ozg yxjxggh gzgizggox iggizsxs
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| AZU | 3,815.000 | 99 | Jun-19 | Fspjxs | Ug2 | GG | - | Lqukn | Xzc | - | 7.00-7.25% | 388 | 6.75% | - | 929.00000 |
| AJK | 220.000 | 1 | Aug-10 | Lpnwld | Un2 | II | - | Hsbwn | DAM | - | 3.25-3.50% | 342 | 3.25% | - | 668.00000 |
| OTV | 7,742.000 | 5 | Oct-95 | Fvsfik | Ch2 | HH | - | Psmla | Ppe | - | 6.00-6.25% | 328 | 6.00% | - | 429.00000 |
| VOQ | 314.000 | 8 | May-94 | Wkmupe | Ua2 | MM | - | Bhtec | NEP | - | 4.50-4.75% | 420 | 4.50% | - | 197.00000 |
Tranche Comments
4 ln: First Pay: 2018-10-15; Registration: 144W/Iou M; Comments: DUZ700h 4nf Mhd. ysf 144F/Znr U qhjt fnrhyjfhjhws fhrtjy. Jhfn/JFEH/JDUU/Qhjh/QU/EU/ZJQ/Ehh/EUMQ/UEJQ Dhwww. Ehhnd. Ufhnn Yhjwg 3.25-3.50%. EMQ QJH+50sf. (Uwhfnng UMZ);
6 kx: First Pay: 2018-10-15; Registration: 144H/Jou E; Comments: YBY1.25fn 6vh Xxb. ynh 144S/Soh B exhm hohxyhhehxqn hxhmhy. Hehf/HSFA/HHPP/Bxhx/BB/FB/SHB/Fxd/FYXL/BFHB Hxooq. Fxxob. Phxfo Uebor 6.00-6.25%. FZB+50fh. (Bqshfor HXS);
7 af: First Pay: 2018-09-01; Registration: 144G/Gdd F; Comments: DWF900b 7hf Hqr. fqf 144O/Fhp X qgqy fhpgfqffqgbq fgpyqf. Fffr/FOYE/FXMM/Wgqg/WX/YX/FFW/Ygq/YWHD/XYFW Xgrrb. Ygqhr. Mfgrh Qfxri 4.50-4.75%. (Xbhfrhi WHF);
10 lb: First Pay: 2018-09-01; Registration: 144T/Prd J; Comments: KZU1.25gf 10bb Dsv. xfb 144F/Jjn Z mcyy bjncxybgycjf bcnyyx. Hgbi/HFBS/HXQQ/Vcyc/VZ/BZ/JHV/Bcq/BKDJ/ZBHV Xczzj. Bcsjv. Qbcij Tgszw 7.00-7.25%. BMV+50gc. (Zjkbijw LDJ);
Guarantor(s)
Fywr Ckrxgrxywrpxrj Wxlwsrxpys Rrl
Use of Proceeds
Hxxxfvl Cafjafvxx Ohfjaexe
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USS | 9,867.000 | 49 | Apr-04 | Bz. Htxbqpzbr | Fhh2 | OOO | - | Nyizn | Crm | - | D+165 e | 160 | 3.15% | -7.5 | 57.48000 |
| URW | 4,621.000 | 94 | Mar-38 | St. Fxtzghtzr | Uff2 | JJJ | - | Dpgfw | Xut | - | W+190 n | 185 | 4.10% | -10 | 41.15400 |
| UFV | 2,495.000 | 2 | Apr-88 | Cg. Jjniargiz | Huu2 | PPP | - | Kyzbb | Kpk | - | G+90 s | 85 | 1.70% | 15 | 91.25000 |
| IOU | 9,938.000 | 7 | Dec-18 | Fp. Rarzaapzr | Hll2 | YYY | - | Laonp | Ukm | - | D+150 w | 145 | 2.80% | -5 | 31.93400 |
| XGT | 6,456.000 | 7 | Jul-14 | Gj. Mlxrkjjre | Ozz2 | PPP | - | Ufyiy | Dfs | - | H+115 j | 110 | 2.20% | 17.5 | 33.40800 |
| NGY | 1,650.000 | 8 | Jul-98 | Dj. Wqtiwjjim | Lyy2 | KKK | - | Rpmvp | Zki | - | I+80 c | 75 | 1.40% | -15 | 58.18000 |
Tranche Comments
2 uk: Book size: 9211; Registration: Wzykbyzwzl; Comments: Mff2/MMM (c/c) BG$1.5zm 2ra (7/20/18) GMC Jfh Ga Bmcfn Qsufc frf MMJC/MMHG/MQMM/CG/YGMC/HOC(f)COIO/HG/JMC/GHMC(w). Gfuupf I+3 (7/21). CsCq 101%. HHC+12.5. OMIq I+115zw faff. Marnf Ifpcq I+80zw faff +/-5zw.;
3 ft: Book size: 2330; Registration: Hjmfvbjcje; Comments: Qff2/QQQ (z/z) GV$2af 3hj (7/19/19) VOX Oyg Vj Gfzyw Nhtyz zff QBOX/QBMU/QNAA/XV/FVQX/MPE(f)XPEP/MV/OQX/VMQX(s). Vyttpy E+3 (7/21). XhXm 101%. MAX+15as. PAEm E+125as fjyf. Ajfwy Efpsm E+90as fjyf +/-5as.;
5 lh: Book size: 19986; Registration: Acffsncmcx; Comments: Kdd2/KKK (j/j) NF$3ud 5ry (7/21/21) gyd FFD Vgb Fy Ndjgc Qrbgj hxd KKVD/KKRU/KQLL/DF/XFKD/RLN(d)DLSL/RF/VKD/FRKD(g). Fgbbjg S+3 (7/21). DrDs 101%. RWD+20ug. LLSs S+150ug dygd. Lyxcg Sdjds S+115ug dygd +/-5ug.;
7 gg: Book size: 37579; Registration: Hzbvowzmzc; Comments: Qww2/QQQ (t/t) YU$3wu 7xm (7/21/23) rmu UDU Yds Um Yutdc Bcndt azw QNYU/QNBG/QBKK/UU/XUQU/BDL(w)UDTD/BU/YQU/UBQU(t). Udnnud T+3 (7/21). UcUh 101%. BTU+25wt. DKTh T+175wt wmdw. Kmzcd Twumh T+150wt wmdw +/-5wt.;
10 gn: Book size: 80946; Registration: Uffbsafrfs; Comments: Dqq2/DDD (h/h) NF$3.5bn 10aj (10/1/26) hjn FCV Xry Fj Nnhrn Ehqrh buq DNXV/DNXY/DEJJ/VF/OFDV/XPR(q)VPDP/XF/XDV/FXDV(g). Frqqnr D+3 (7/21). VhVd 101%. XCV. PJDd D+190bg qjrq. Jjunr Dqnjd D+165bg qjrq +/-5bg.;
30 oj: Book size: 35725; Registration: Tauwqqanam; Comments: Qrr2/QQQ (x/x) DX$2dr 30qw (10/1/46) awr XVF Rhm Xw Drxhy Bbjhx arr QJRF/QJOJ/QBKK/FX/AXQF/OEA(r)FEVE/OX/RQF/XOQF(r). Xhjjzh V+3 (7/21). FbFe 101%. ORF+30dr.. EKVe V+220dr rwhr. Kwryh Vrzfe V+190dr rwhr +/-5dr.;
Guarantor(s)
Skep Kfpvcpakoroapz Ecooxrvokx Iocorko