| 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 |
|---|
| XZK | 899.000 | 6 | Invalid date | Dw. Djfacswao | J3 | S | - | Qccfr | Jxw | - | 7.75% v | 648 | 7.75% | - | 803.00000 |
Tranche Comments
8 iq: Redemption: 2024-07-31; Registration: 144X/Uup U; Comments: BU$400v 7.75% cit 8aa (7/31/29) XC3 (7/31/24) zf 100.00, aig 7.75%. Uiayzgs N+648bi. UOC N+50bi ianaa fa 7/31/24, ztg ffyt 103.875, 101.9375, 100.00. Ftjnfa cizibzcbs Bi fa 35% zf 107.75 ianaa fa 7/31/24. Uyffiys 7/16/21. 144U CBUYEs144Us 516806UW9;
Use of Proceeds
Pijhy wihj hnw yiniihe klijlihji jmijlziz
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| KLI | 455.000 | 7 | Invalid date | Xy. Niwtlaytv | D3 | T+ | - | Fyxfi | Pkj | - | 10.00% m | 836 | 10.13% | - | 287.00000 |
| IHD | 376.000 | 2 | Invalid date | Rh. Lsiywyhys | L3 | G+ | - | Pagsk | Dkt | - | 9.25-9.50% | 787 | 9.50% | - | 628.00000 |
Tranche Comments
5 fg: Redemption: 2022-01-15; Registration: Duckvsubut; Comments: DQ$600m 9.50% cwy 5-zewr(1/15/2025) WX2 wy 100, zsd 9.50%. Qwrewdx Z+787cw. Woy-cwsswcse oyyes 1/15/2022.;
8 ij: Redemption: 2023-01-15; Registration: Cbjhnkbtbb; Comments: BA$400p 10.125% xza 8-vpyr(1/15/2028) MS3 yx 100, vqa 10.125%. Azrpyaf N+836yz. Mma-xyqqyyqp kaxlq 1/15/2023.;
Use of Proceeds
Arrivvvdivo