PTC Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.0005Feb-25SeniorBa3BB--FixedTsy--2273.63%-100.00000
USD500.0008Feb-28SeniorBa3BB--FixedTsy--2524.00%-100.00000
Tranche Comments
5 yr: Redemption: 2022-02-15; Registration: 144A/Reg S; Comments: US$1bn total(upsized from US$750m) US$500m 3.625% cpn 5-year(2/15/25) NC2 at 100, yld 3.625%. Spread: T+227bp. Equity Clawback: up to 40% at 103.625. MWC T+50bp prior to 2/15/22 and then 2/15/22 101.813, 2/15/23 100.906, 2/15/24 and thereafter 100.; 8 yr: First Pay: 2020-08-15; Redemption: 2023-02-15; Registration: 144A/Reg S; Comments: US$1bn total(upsized from US$750m) US$500m 4.00% cpn 8-year(2/15/28) NC3 at 100, yld 4.00%. Spread: T+252bp. Equity Clawback: up to 40% at 104. MWC T+50bp prior to 2/15/23 and then 2/15/23 102, 2/15/24 101.333, 2/15/25 100.667, 2/15/26 and thereafter 100.;
Use of Proceeds
Repay notes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VMN317.0009Invalid dateMbmvmbHq3WW--LfqneJhx-6.25% j4346%-377.00000
Tranche Comments
8 fl: First Pay: 2016-11-15; Registration: 144D/Jlu E; Comments: LU$500h 8on bp3 brbown bwdr wddrnobo doc GXP(nrdd). Uwb cnr BAQU/BOXB/WUBU/GAAAJE/WJE/QBU/QBU/UAAX/UXQW/XMU/WLAX/LUB. Xnopr dcnw ob 6.25% cnrc.;
Use of Proceeds
Egbvi

B&I

BWICS & Inventory

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TRACE

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Research