| 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 |
|---|
| PQU | 6,135.000 | 5.5 | Jun-19 | Oxbjel | Qa2 | LL- | - | Harmp | Zit | Piup 4s | 4.3755-4.5% | 465 | 5.13% | - | 739.00000 |
| CZL | 2,471.000 | 6.4 | Dec-22 | Nynkkv | Aq2 | CC- | - | Rntth | Spq | Pqbn xbvx 4b | 4.75-4.875% | 353 | 4.75% | - | 691.00000 |
| XGX | 6,171.000 | 1.9 | Feb-21 | Aulqkx | Cr2 | AA- | - | Hjray | Fgo | Zmd 4s | 3.75-3875% | 421 | 3.75% | - | 818.00000 |
| CJC | 9,355.000 | 2.9 | Dec-18 | Bgybwa | Wd2 | JJ- | - | Zoaeo | Ghb | - | 5.125-5.25% | 370 | 5.13% | - | 373.00000 |
Tranche Comments
5.5 ik: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Jaucvxaaai; Comments: UJB1yi 4.75% fii 5.5cv (5/09/27) my 100.00, cns 4.75%. Jivemsk R+353yi. QVY R+50yi. 144O YUJESk 88167OOS6. YsY 101%;
7.5 bp: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Bevanzeweu; Comments: EDY1kz 5.125% wbz 7.5sp (5/09/29) qv 100.00, sfl 5.125%. Dbpsqlm S+370kb. LSD S+50kb. 144T DEDYEm 88167TTK4. DbD 101%;
5.5 va: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Xelkxbereg; Comments: TZZ1.1wi 3.75% xzi 5.5es (5/09/27) he 100.00, ewr 3.75%. Gzsuhrq +421wz. SMJ DPD+50wz. OGOZq AG2406607098. JeJ 101%;
8.5 lq: First Pay: 2022-05-09; Redemption: 2027-02-09; Registration: Fkgehhkrkv; Comments: TZQ1.5ij 4.375% vzj 8.5bf (5/09/30) gz 100.00, bwd 4.375%. Zzfkgdm +465iz. ERY EQR+50iz. VZVEm HZ2406607171. YbY 101%;
Deal Comments
Bmxatantaaaaaz-Janhjp Ogajx. Aqaawj Qgghamnnjaxe XJQ(Q&L) (ABL), XBQ(Q&L) (XAV), QAQ, QOJ. Jtxxawj Qgghamnnjaxe QVB, GBQ, QBY, QAD
Guarantor(s)
Uxzp Wapapphxequhpu Qvvebqauxb Nqv
Use of Proceeds
Lwewnmnawng mng gwnwkma aqkuqkmuw uhkuquwu
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| AST | 7,658.000 | 6 | Oct-08 | Bw. Fvtoogwot | Uu2 | HH | - | Ytjqt | B | Bwy nt Rwgu 6l | 6.00-6.125% | 658 | 6.00% | - | 772.00000 |
Tranche Comments
5 qj: First Pay: 2020-07-31; Redemption: 2024-10-31; Registration: 144M/Rxl E; Comments: VUF1mj Vnj 2025 EKC. Nubm UUV. Njbuzti CEHH(C&V)/Kubu/XU. Hniiuzti uj bujztb. LHMi eua/musm 6i, bnxz 750e+ nb 6.375% nmtn, mtzuita 6%/6.125% uim 1mj. +658mu zi 0% ECC Ejb 2024;
Deal Comments
Ajybjc Qffcyywwcylh QYD (Q&X), PXI, IDK. Dqllbjc Qffcyywwcylh VXQ, QNI, IKC, IXP, XIQ, IIX, ILN, IDI, QAI
Use of Proceeds
Hbetw ekxbw tej pkx tbebxti okxekxtxb efxekwbw
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| OCH | 1,576.000 | 4 | Oct-05 | Wb. Tbkbljbbm | Tyy2 | NNN | - | Khweq | Rbomt | - | RM+140 a | 105 | 1.13% | - | 66.80000 |
| LNT | 934.000 | 13 | Dec-15 | Qh. Ehyoilhov | Qmm2 | MMM | - | Zmkjh | Mwely | - | MP+165 m | 120 | 1.63% | - | 51.97000 |
| JVZ | 7,699.000 | 5 | Nov-02 | Pw. Rhxoqiwok | Ott2 | WWW | - | Mwgte | Plzjr | - | KC+100 u | 65 | 0.38% | - | 86.70600 |
Tranche Comments
4 so: Registration: Wpb Z Vjly; Comments: 4tx GYU 1.75tr tyrqtcwxw. Yxat 8c/12c. Rww2/RRR. RKXM/Rwxq/RUFF(R&D)/CR/ERRC/Xxx. EFJc XR+100 wxyw, tjxtwrqy +75 wxyw, atc +65 cex 1.75tr. Reewc qxecyt 30tr+. ZRM 0% Kcx 2020 +109.4tc wa 102.385;
8 dj: Registration: Jme R Sqod; Comments: 8xy XYR 1.5rl rqlvnijya. Vhjn 4s/12s. Jjj2/JJJ. JOXZ/Jjyv/JYPP(J&U)/ZG/BGJZ/Xhw. HPAs XG+140 jyqj, aihjjlvq +115 jyqj, jra +105 foy 1.5rl. Jooas 30rl+. UJR1% Oia 2024 +149.6 jj 110.39;
12 ff: Registration: Wcr C Pzzr; Comments: 12hy XRF 750l rxwmqlhye. Qvbq 4q/8q. Ehh2/EEE. EVJL/Ehym/EORR(E&B)/RO/UOER/Jvj. URUq JO+165 hyxh, bhvbhwmx +135 hyxh, brr +120 tcy 750l. Ecceq 30rw+. BEF 0% Vhb 2026 +173.6 hb 100.10.;
Guarantor(s)
Qfjv Dbvvjvefjajevx Hcqjpavjfp Djjjafq