Illuminate Holdings IV Inc (Lummus Technology)

Deals

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USD460.0008Jul-28Sr. UnsecuredCaa1B--FixedTsy-9.00-9.25%833.59.00%-100.00000
Tranche Comments
8 yr: Registration: 144A/Reg S; Comments: US$460m 9.00% cpn 8-year(7/1/28) NC3 at 100, yld 9.00%. Spread: T+833.5bp. Equity Clawback: up to 40% @ 109.000 until July 1, 2023. Special Call: up to $150,000,000 @ 104.500 until December 30, 2020 with certain equity proceeds. Call Schedule: Standard Call: 104.500 on July 1, 2023, 102.250 on July 1, 2024,100.000 on July 1, 2025 and thereafter.;
Deal Comments
This will be a joint venture partnership between The Chatterjee Group and Rhone Group
Use of Proceeds
Merger and Acquitision

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