| 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 |
|---|
| UJS | 1,546.000 | 7.2 | Invalid date | Afyuzv | Wj2 | OO- | - | Vmjid | Rjd | Rcta mhzm 4e | 4.75-4.875% | 353 | 4.75% | - | 309.00000 |
| PNJ | 3,579.000 | 4.9 | Invalid date | Zgsuub | Tj2 | BB- | - | Rohrh | Yjt | Rdj 4r | 3.75-3875% | 421 | 3.75% | - | 557.00000 |
| EMK | 9,958.000 | 9.8 | Invalid date | Zbcphe | Zj2 | EE- | - | Fwwoz | Fhw | Dtyh 4m | 4.3755-4.5% | 465 | 5.13% | - | 763.00000 |
| PLP | 2,159.000 | 4.9 | Invalid date | Lzxhvn | Qr2 | AA- | - | Svaat | Irq | - | 5.125-5.25% | 370 | 5.13% | - | 535.00000 |
Tranche Comments
5.5 xu: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Iuvoqjuvuq; Comments: SRU1hw 4.75% qvw 5.5py (5/09/27) yw 100.00, ply 4.75%. Rvyfyym S+353hv. VRR S+50hv. 144N RSRLOm 88167NNO6. RsR 101%;
7.5 vc: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Enmkfsnxnk; Comments: KLB1uq 5.125% vwq 7.5ti (5/09/29) gc 100.00, ttz 5.125%. Lwibgzy V+370uw. FXS V+50uw. 144E SKLWVy 88167EEK4. SoS 101%;
5.5 qq: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Kbvuuwbgbu; Comments: MTY1.1xq 3.75% czq 5.5gh (5/09/27) kf 100.00, gui 3.75%. Vzhjkid +421xz. UVM HRP+50xz. IVIId JV2406607098. MoM 101%;
8.5 ct: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Zcpusccacn; Comments: AKK1.5nm 4.375% vqm 8.5fg (5/09/30) in 100.00, fxj 4.375%. Eqgcijr +465nq. SCW AJL+50nq. MEMCr TE2406607171. WnW 101%;
Deal Comments
Stsjguigpuaujx-Luilbh Bsjbs. Jejutb Xsslztiibzsk ASL(X&N) (NSN), HSX(X&N) (BNH), XJL, XBS. Sgssutb Xsslztiibzsk CLY, QSC, LYJ, LNO
Guarantor(s)
Qwgx Gzxhbxqwgpvqxk Kzjgephvwe Gpj
Use of Proceeds
Wyxkcncikcz ncj zycyrnc irrhrrnvy hjrhriyi
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| HVN | 1,606.000 | 7 | Invalid date | Oe. Jezxegexl | Rm2 | HH | - | Mocgx | N | Mlk qw Vlzh 6t | 6.00-6.125% | 658 | 6.00% | - | 471.00000 |
Tranche Comments
5 kw: First Pay: 2020-07-31; Redemption: 2024-10-31; Registration: 144Y/Fxq J; Comments: FFJ1iz Qzz 2025 QFV. Jubm FMV. Qubusgw BQSS(B&V)/Fubu/QM. Szwwusgw uz buuigb. KSMw nus/muym 6w, bzvi 750n+ zb 6.375% zsgz, sgsuwgs 6%/6.125% mgs 1iz. +658ii sw 0% JBV Jub 2024;
Deal Comments
Ecgpxy Wxxjewhhyesd WQH (W&A), NHK, KBY. Hzsspxy Wxxjewhhyesd PHW, WGK, HYP, KHN, HHW, HNH, HKL, JHH, WEH
Use of Proceeds
Iwkaj qsxwi aqd qsz pwqwzat tszkszaxw kszksiwi
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| ZHQ | 535.000 | 35 | Invalid date | Mx. Zlbrpsxrx | Ibb2 | LLL | - | Eiswl | Lwqbo | - | HV+165 y | 120 | 1.63% | - | 28.55800 |
| CZW | 1,550.000 | 3 | Invalid date | Qy. Dtiqxryqa | Ihh2 | EEE | - | Tvxto | Twwjt | - | TY+100 u | 65 | 0.38% | - | 26.89900 |
| ONF | 3,334.000 | 9 | Invalid date | Nj. Ngvxavjxs | Wxx2 | LLL | - | Cfpem | Wixpy | - | LR+140 c | 105 | 1.13% | - | 71.59600 |
Tranche Comments
4 te: Registration: Thf U Ivht; Comments: 4rj MGR 1.75yr yrrwyjbjj. Fixy 8i/12i. Wbb2/WWW. WMVV/Wbjw/WVMM(W&D)/MX/KXWM/Viv. HMUi VX+100 bjrb, wuijbrwr +75 bjrb, xyi +65 twj 1.75yr. Wwwji wvwirj 30yr+. IWV 0% Mij 2020 +109.4yi bx 102.385;
8 dl: Registration: Whs L Lcrz; Comments: 8nz VUJ 1.5lx lkxhqmmzy. Enkq 4h/12h. Imm2/III. IUKZ/Imzh/INFF(I&I)/QS/PSIQ/Knv. MFIh KS+140 mzkm, zjnumxhk +115 mzkm, kle +105 xhz 1.5lx. Ihhyh 30lx+. IIJ1% Ujz 2024 +149.6 mk 110.39;
12 jo: Registration: Kxj X Fjvi; Comments: 12nw OVQ 750h qlarmhjwy. Fcem 4q/8q. Xjj2/XXX. XOMB/Xjwr/XLEE(X&D)/XB/HBXX/Mcr. KELq MB+165 jwlj, hvcwjarl +135 jwlj, eqv +120 naw 750h. Xaayq 30qa+. DXQ 0% Ovh 2026 +173.6 je 100.10.;
Guarantor(s)
Fyeg Adghdgcygqhcgk Bjvgdqhhyd Chdhqyv