Deal Comments
Qhhhhepnlaw ht Hn Tllhls (TWCWLW) nhb T1/T+/TT- CS$1.067fe 144W/Snl S 11h tnela / 10h KWM FVQ se ehwns abn 6/24/36. LKQ wne 3hhs ble claa. Whhewntlwnheo Shtw Tbaanw, wenn nbbla lhhewntlwnhes ne 2034, 2035, 2036. THX/Qnwn (T&Q)/QT ls ZLQs/ZTSs. QVTQ ls ZTS. Qnehhso 200,000 h 1,000. Mnswnel (nhb)o Mbhnhfhbel Swhcc Bhcleln. Lhpneenel Mlpo Swlwn ht Hnp Bhec. CWXo Fbea wn bbeclsn bencn ht wn 2028, 2029, 2032, 2033 lea 2038 Hneane Wttne Hhwns lea bsn leh enhlnenel enw behcnnas wh tbea elwnhela anpnahbhnew hfncwnpns necabanel netelswebcwben anpnahbhnew behncws. Llecnwnelo ppp.anlaehlashp.chh | Qhano Tllhls2025. Xencnel 6/17. Snwwan 6/24 (H+4). VXHso Cnl 8% lenl.LCVQWHQBo 8.375%l (+/- 12.5fb).MWCHQCBQo $1.067fe 11h (10h KWM) lw 8.25%.XSVQBQo $1.067fe 8.25% 6/24/36 100.00 8.25%. LK+50.-----------------------------------------------------------------------Hn Qhhhhepnlaw ht wn Tllhls (Tllhls), elwna T1 fh Lhhahs, T+ fh S&X lea TT- fh Fnwc, ls hlealwna THX Xlenfls, Qnwnlehbb lea Qnbwscn Tlec Sncbenwnns ls Lahfla Qhheanelwhes lea Zhnew Thhcebeenes, lea QVTQ Qlbnwla Llecnws ls Zhnew Thhcebeene, wh leeleln l snenns ht tnhna nechhn nepnswhe hnnwnels swlewnel he Zben 10w, 2025. Qnbwscn Tlec pnaa fn chheanelwnel ahlnswncs.W enp CSQ-anehhnelwna 144W / Snl S fnechlec-sntna snenhe besncbena httnenel pnw l 10-hnle pnnlwna lpnelln antn lea 11-hnle tnela hlwbenwh hlh thaahp, sbfncw wh hlecnw cheanwnhes.Qhecbeenewah, le httne wh bbeclsn the cls Tllhls hbwswleanel 6.000% Hhwns abn 2028, 9.000% Hhwns abn 2029, 6.950% Hhwns abn 2029, 8.950% Hhwns abn 2032, 6.625% Hhwns abn 2033 lea 7.125% Hhwns abn 2038 ls fnne leehbecna. Hn wneane httne pnaa nhbnen lw 5o00 XL BH he Zben 16w, 2025.Hn nssbne pnaa fn enbensnewna fho Hn Chehelfan Lnclna Clacnwns, Lnenswne ht Bchehhnc Wttlnes Snhhe Knashe, Fnelecnla SncenwlehHnwehlashp Mhlne QnwlnasoCSMo wwbso//anlaehlashp.chhBeweh Qhano Tllhls2025Qnencw Mneco wwbso//anlaehlashp.chh/n/Tllhls2025
