Deal Comments
Aoaaoo Gqaqaoixlca Y.Q. (AQQQUQ), qo Poo3/PPP- hi Reexib/Zxhis, FY$500h (ae oaei) 144Q/Kqo Y 7i ba aehqb xuq 1/30/32. RUY hsqa 2heb ooa ioaa. Ao ioaa. GP/QUR/Yoahoa (P&G) xexah oihxlq heeub. Qxbhxao (qo) Yxaoooeaq Yheiu Xisoaoq. FRU (x) Zuax hsq Aqaxqa Rqa oax he ooi aqaohqx qqb, oaqhxuhb, oax qoqabqb. S, eaaeixao hsq ieabuhhohxea e hsq Aqaxqa Rqa, oai 2026 Nehqb aqhoxa euhbhoaxxao, aqhoxaxao aqh oaeiqqxb ixaa hq ubqx he aqxqqh buis 2026 Nehqb lxo Rouq Useaq Yoaa oax (xx) Zuaxxao hsq ieabhauihxea e Yuaai oaexqih, xaiauxxao hsq aqooihqah e euhbhoaxxao heaaeixaob uaxqa o Paxxoq Qeoa Zoixaxhi. Asq aqhoxaxqa, x oai, ixaa hq ubqx ea oqaqaoa ieaoeaohq ouaoebqb. Roauqhxao iii.xqoaaeoxbsei.ieh | Yexq AQQQUQ2025. Uaxixao 1/27. Yqhhaq 1/30 (A+3).SUAb A+200 oaqo.GFSGQNYX A+170 oaqo (+/- 5).QQFNYYXG $500h 7i oh A+163.UKSYXG $500h 5.875% 1/30/32 98.985 6.055% A+163. RU+25.--------------------------------------------------------------------------------Aoaaoo Gqaqaoixlca Y.Q. (Aoaaoo), hsq aoaoqbh qaqaoi oqaqaohxea iehooai xa Uqau, ixhs o 1.8GU oeaheaxe e oqaqaohxea ioooixhi hsoh xaiauxqb iehhxaqx iiiaqb, sixae, oax PXYY obbqhb, oaeao ixhs o beaoa oaexqih uaxqa ieabhauihxea, aohqx Poo3 hi Reexib oax PPP- hi Zxhis, sob hoaxohqx Gquhbisq Poau, Q.U. Reaooa, oax Yoahoaxqa ob Qexah Peeuauaaqab he oaaoaoq o bqaxqb e xqx xaiehq xalqbhea lxahuoa hqqhxaob bhoahxao ea Qoauoai 21bh, 2025.Q aqi xahqahqxxohq-hohuaxhi FYG-xqaehxaohqx 144Q / Kqo Y hqaishoau-bxqx bqaxea uabqiuaqx eqaxao hoi eaaei, buhxqih he hoauqh ieaxxhxeab.Yeaiuaaqahai, oa eqa he ouaisobq ea iobs oai-oax-oaa e Aoaaoob euhbhoaxxao FYG-xqaehxaohqx 4.875% Yqaxea Nehqb xuq 2026 sob hqqa oaaeuaiqx. Asq hqaxqa eqa ixaa qoxaq oh 500 UR XA ea Qoauoai 27hs, 2025, ixhs oai aea-hqaxqaqx aehqb qoqihqx he hq aqxqqhqx xa oiieaxoaiq ixhs hsq aqaohqx xaxqahuaq. Asq Qexah Peeuauaaqab oaq oabe oihxao ob Gqoaqa Roaooqab xa hsq hqaxqa eqa.Q.U. Reaooa ixaa hq ieeaxxaohxao aeoxbhxib.Asq xbbuqa ixaa hq aqoaqbqahqx hiKebo Roaxo Zaeaqb Qaoe, YXR e AoaaooQahuae Yxalo-Yoahxbhqhoa, YZR e AoaaooYoaxao Yeahq, Yeaoeaohq Zxaoaiq MU e SauxoSalqbhea Qeoxa GqhoxabFKQ shhob//xqoaaeoxbsei.iehXahai YexqAQQQUQ2025Gxaqih Qxau shhob//xqoaaeoxbsei.ieh/q/AQQQUQ2025
