8 yr: First Pay: 2018-01-15; Registration: 144A/Reg S; Comments: USD265m 8yr Fxd. snr unsec Caa2/CCC+. JPM. Mixed MWC+50bp. Call sched: 2020 at 106.563%, 2021 at 104.375%, 2022 at 102.188%, 2023 and thereafter at par. Equity claw: 35% prior to 7/15/20 at 108.75%. CoC: 101%;
Guarantor(s)
Werner Luxembourg Holdings Srl, New Werner Holding Co Inc, Werner Access Products Canada ULC, Werner Global Holdings Srl, Werner UK Sales & Distribution Ltd, Youngman Group Limited, Werner Co, Knaack LLC, Werner International POC GmbH