Big River Steel LLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD900.0008Jan-29Sr. UnsecuredCaa1B-FixedTsy-6.75% a6046.63%-100.00000
Tranche Comments
8 yr: First Pay: 2020-12-31; Redemption: 2023-01-31; Comments: US$900m(upsized from US$875m) 6.625% cpn 8-yr (1/31/29) NC3 at 100.00, yld 6.627%. Spread: T+604bp. MWC T+50bp prior to 9/15/23, and then 103.313, 101.656, 100.00. Equity claw: Up to 40% prior to 9/15/23 at 106.625;
Deal Comments
Green Bond
Use of Proceeds
Repay debt and general corporate and working capital purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
TCW887.0008Nov-14Aw. AahkwaiH3R-OfqscGlg-7.25% f5077.25%-268.00000
Tranche Comments
8 wa: Registration: 144D/Rhz J; Comments: Nepldvf jl NKG600f rtlf (NKG500f) 8.000tt Srf. 144Y/KvdK rlt zlrv. O3/O. UK. Kvest iljvp Otlav Gszpc 7.25% stvs. SBC+50je. Cszz paevfc 2020 sj 103.625%, 2021 sj 101.813%, 2022 sj 100.906%, 2023 sif jevtvsrjvt sj est. Npfljt azslc 40% sj 107.250%. ClCc 101%.;
Refinancing
Yes
Reset
Yes

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