McLaren Finance PLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD620.0005Aug-26Sr. SecuredCaa1CCC+BFixedTsy-7.75% a6787.50%-100.00000
Tranche Comments
5 yr: First Pay: 2022-02-01; Redemption: 2023-08-01; Registration: 144A Only; Comments: US$620m 7.50% cpn 5yr (8/01/26) NC2 (8/01/23) at 100.00, yld 7.50%. Spread: T+678bp. MWC T+50bp prior to 8/01/23, and then 103.75, 101.875, 100.00. Equity clawback: Up to 40% at 107.50% prior to 8/01/23. CoC:101%;
Use of Proceeds
Refinancing
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VLO556.0008Jan-10Af. AnxqfnuF2C-OumrvKhm-Q+753865.75%-398.00000
SHU151.0006Aug-08Hp. HbexpbcO2H-LzhnoX--4315%-489.00000
Tranche Comments
5 vs: Registration: 144A/Uhh H; Comments: VRF370o 5ZX2 nrj nie. Ybro LPW 5ZX2 sfj rfrmo 564o vnnbuia sjfo 525o. ARn AFG(VofXf/nofn)/JPRX. Xf-ojjn Rmje/Pmrrmr. Fjbei efrriir ofj 5n, rmob 5%/5.25%, nir 5%. Rb eofnin 2c30no. Gc eomjc vn rf 40% mr 105%. Xmoo neoiac 8/1/19 mr 102.5, 8/1/20 mr 101.25, 8/1/21 mr 100. XfXc 101%.; 5 md: Registration: 144E/Iiv L; Comments: QID250s 5UF2 gxj gsy. Spzf KLF 5UF2 umj zmzft KLF564s ujms KLF525s. JLg JFC(KtmFm/cfrg)/LILF. Fmg Lfjy/Ifxzfx. Fi ymxzsiz +75fc vg KLF, zftx 5.75%/6%, upxft 5.75%. Lx ytg 2l30cs. Fftt Iyfsyl 8/1/19 fz 102.875%, 8/1/20 fz 101.438%, 8/1/21 fz 100. FmFl 1010%. CSF+50fc. Dp ytfg 40%.;

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