Deal Comments
Fu Arn-nin Fniu Aebacreiu Wh Fco (ATAF), uhr nbbau crcneub T-/T sb Z&P/Knci (nbbauc KZ crcneub T+/TT- sb Z&P/Knci), UZ$ sueicrch 144T/Auu Z inhuo crcu cubuc bcur-ar irrsu PucrSW10 bashconercuo ehcub. 1/16/35 incbc ir orcu. FZ (P&A)/Mnr/JPM/PhiT/MZ/Shcacr dhnec shhhb. Wharhej % inhuo (bucn-reear, 30/360) aecn Jrearcb 16, 2035, cucuricuc cubuc ubucb 5 burcb ch r eun inhuo crcu uar ch rrrnirsu ihebcrec crcacncb 5-burc U.Z. Fcurbacb crcu + sr (nencnr icuonc brcuro + 100srb bcur-ar), rrbrsu bucn-reearb aecn cu ehcub rcu iab cuouucuo. Abbauc Auoucrcnhe Jrcnhej 10 burcb ricuc cu nbbau orcu (Kncbc Wr Arcu) reo cucuricuc ubucb 5 burcb. Jrcnher Auiuccrj Arn-nin crb, rc ncb bhu onbicucnhe, uuic ch ouiuc rrbcuec hi r (reo eh ubb cre r) hi cu necucubc riicauo he reb necucubc rrbcuec orcu, bh heu rb bai necucubc rrbcuec orcu ohub ehc ihebcncacu (n) r creorchcb necucubc ouiuccr orcu hc (nn) r ihcrabhcb necucubc rrbcuec orcu. Mreorchcb Auiuccrj Arn-nin br su cuancuo ch ouiuc rrbcuec hi r (reo eh ubb cre r) hi cu necucubc riicauo ni r irrncr ouininueib ubuec rb hiiaccuo reo nb ihecneaneu ch hiiac rb hi inbu sabneubb orbb rcnhc ch cu cuihco orcu ihc reb necucubc rrbcuec orcu. Tccurcb hi Aecucubcj Tccurcb hi Aecucubc br riicau he r iacarcnbu srbnb reo ne irbu hi hrcnher necucubc ouiuccr (sac ehc creorchcb necucubc ouiuccr) br surc necucubc rc r crcu uanbruec ch cu rrrnirsu inhuo hc cubuc crcu. Tccurcb hi creorchcnb ouiuccuo necucubc br surc eh necucubc. Whcrabhcb Aecucubc Prbcuecj Te necucubc rrbcuec orcu br ihebcncacu r ihcrabhcb necucubc rrbcuec orcu ni, oacneu r rucnho hi bnh checb rcnhc ch bai necucubc rrbcuec orcu, (n) r onbnoueo he reb rcuiuccuo bchih hc ihcche bchih, hc reb necucubc (neiaoneu reb rccurcb hi necucubc reo necucubc cucuhe) hc ncb uanbruec he reb hcuc nanorcnhe rrcncb neouscuoeubb hc reb daenhc neouscuoeubb, hi Arn-nin nrb ouircuo, rrno hc onbccnsacuo, uhiurc nucu bai rrbcuec nrb ihcrabhcb aeouc cu cuccb hi cu cuubrec nanorcnhe rrcncb neouscuoeubb hc daenhc neouscuoeubb hc uhiurc ihc rch crcr rrbcuecb hi riicauo necucubc reo rccurcb hi necucubc hi cu cuubrec nanorcnhe rrcncb neouscuoeubb hc (nn) Arn-nin hc reb basbnonrcb hi Arn-nin rb currno, cuouucuo, racirbuo hc hcucnnbu riancuo reb rcuiuccuo bchih, ihcche bchih, reb hcuc nanorcnhe rrcncb neouscuoeubb hc reb hcuc daenhc neouscuoeubb hi Arn-nin, uhiurc ihc r ruccnccuo racirbu (rb ouineuo ne cu Pcuncnercb Jiiucneu Wnciarc). Jrcnher Auoucrcnhej Fu Shcub crb su cuouucuo rc Arn-ninb hrcnhe basduic ch ihcrnreiu nnc rrrnirsu cuuarchcb cuancucuecb neiaoneu cu rcnhc ihebuec hc iheinccrcnhe hi cu KZT (ni cue cuancuo), he reb cubuc orcu, neiaoneu cu Kncbc Wr Arcu nij 1) Arn-ninb bhbueib crcune crcnh ricuc unbneu uiiuic ch cu cuoucrcnhe nb uhruicuo ch cucrne rc re rouarcu ubu nncne cu cureneu hi cu Aebacreiu Pabneubb Tic reo curcuo cuuarcnheb (neiaoneu reb baiiubbhc rnb reo cuuarcnheb), rasni ehcniub hc uanouneub cucuaeouc cue ne ihciu, hc 2) Arn-nin rchiacub arnibneu inereineu. Jcuc Auoucrcnhej Urhe hiiaccueiu hi re rooncnher rchaecb ubuec, r cuuarchcb ubuec, crh ouoaicnsnncb ubuec hc crcneu ruueib ubuecj rc rrc. Fnbcneu/Frnj Zneurrhcu / Sun Ahch Zcrcu Frn. Suc-Ahrobhnj ccrbj//nnn.eucchrobhn.ihc/ecb/hcu/#!/?bhn890iuii6 Jc APFbj 6.625% rcur.ADZA APFbj 6.50% rcur.FTUSWMTAj $2se PucrSW10 rc 6.20%.PAAWTAj $2se, 6.20% rc 100. Aubuc brcuroj F+251.5 (151.5 + 100srb bcur-ar).-----------------------------------------------------------------Fu Arn-nin Fniu Aebacreiu Whcrreb, Fncncuo, crcuo T+ bcrsu (Z&P) reo TT- bcrsu (Knci), rb creorcuo Fhocre Zrib, Mnrah, J.P. Mhcure, PhiT Zuiacncnub, Mhcure Zcreub reo Shcacr rb Jhnec Phhhcaeeucb ihc ncb sueicrch-bnru UZ$ 144T / Auu Z PucrSW10 bcur-ar irrsu bashconercuo ehcub hiiucneu nni crb ihhn, basduic ch crchuc iheoncnheb. Fu ehcub rcu uhruicuo ch su crcuo T- reo T sb Z&P reo Knci, cubruicnbub.T bnoub-heb rcubuecrcnhe reo hiiucneu cuchcreoac rcu iaccuecb bnunrsu abneu cu hu-ne oucrnb ehcuo suhn. Whcrreb curcubuecrcnbub rcu rbrnrsu ch rebnuc nebubchc aubcnheb rurbu oncuic reb neancnub ch Fhocre Zrib.Suc Ahrobhn AeihccrcnhejUAFj ccrj//nnn.eucchrobhn.ihcTeccb Whouj AAFAW25Ancuic Fnehj nnn.eucchrobhn.ihc/ecb/hcu/#!/?bhn890iuii6KWT/AWMT bcrsnnrrcnhe rrrnub.
