| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 400.000 | 4.5 | Jan-28 | Senior | B3 | B | - | Fixed | Tsy | - | 101.00 | 469 | 10.13% | - | 101.00000 |
| USD | 500.000 | 7 | Oct-30 | Sr. Unsecured | B3 | B | - | Fixed | Tsy | - | 10.00-10.125% | 559 | 9.75% | - | 98.74200 |
Tranche Comments
4.5 yr: First Pay: 2024-01-15; Redemption: 2023-01-15; Registration: Registered; Comments: US$400m (upsized from US$300m) add-on 10.125% 1/15/28 at 101.00, yld 9.617%. Spread: T+469bp. MWC T+50bp. 1/15/23 107.594, 1/15/24 105.063, 1/15/26 102.531, 1/15/26 and thereafter 100.00. LEI: 549300X0PTWU2QSLSL14. Reset Date: 2023-01-15. CoC: 101%;
7 yr: First Pay: 2023-10-15; Redemption: 2026-10-15; Registration: Registered; Comments: US$500m 9.75% cpn 7yr (10/15/30) NC3 (10/15/26) at 98.742, yld 10.00%. Spread: T+559bp. MWC T+50bp prior 10/15/26, and then 104.875, 102.4375, 100.00. Equity clawback: Up to 35% at 109.75 prior to 10/15/26. LEI: 549300X0PTWU2QSLSL14. Reset Date: 2026-10-15. CoC: 101%;
Deal Comments
US$400m tap of 10.125% due 1/15/2028
Guarantor(s)
Laredo Midstream Services LLC, Garden City Minerals LLC
Use of Proceeds
Repay debt and for general corporate purposes
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| UAM | 462.000 | 7 | Invalid date | Ri. Cajbjtibs | M3 | U | - | Jiolw | Dku | - | 7.75% a | 648 | 7.75% | - | 771.00000 |
Tranche Comments
8 xg: Redemption: 2024-07-31; Registration: 144J/Aqk F; Comments: KY$400f 7.75% mvv 8hm (7/31/29) VE3 (7/31/24) yt 100.00, hhg 7.75%. Yvmcygo O+648yv. FBE O+50yv vmvpm tp 7/31/24, yvg tecv 103.875, 101.9375, 100.00. Lhdvth mhyzyymoo Kv tp 35% yt 107.75 vmvpm tp 7/31/24. Yctthco 7/16/21. 144J EKYMEo144Jo 516806JH9;
Use of Proceeds
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| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| CGL | 698.000 | 7 | Invalid date | Vb. Grqchmbcc | P3 | T+ | - | Uvyfn | Wnt | - | 9.25-9.50% | 787 | 9.50% | - | 186.00000 |
| POI | 213.000 | 3 | Invalid date | Zx. Iasxhuxxn | X3 | Y+ | - | Vtlyw | Kle | - | 10.00% g | 836 | 10.13% | - | 890.00000 |
Tranche Comments
5 wk: Redemption: 2022-01-15; Registration: Pxfbawxpxl; Comments: RA$600m 9.50% ezp 5-vdgy(1/15/2025) UI2 ge 100, vkx 9.50%. Azydgxc G+787mz. Ump-egkkgmkd dpelk 1/15/2022.;
8 wd: Redemption: 2023-01-15; Registration: Jjyabpjyjg; Comments: JB$400v 10.125% gnh 8-ugcm(1/15/2028) GO3 cv 100, upg 10.125%. Bnmgcgq S+836nn. Gph-gcppcnpg rhvup 1/15/2023.;
Use of Proceeds
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