Deal Comments
Rtua Cthmibuth ZX (RQSX), tus AAA-/AAA- xb Z&E/Foru, GZ$500e (bm rbms) 144X/Ctr Z bts 12b hb bmrth sit 4/8/37. RRL rtb 3emh sab uamm. 101 LmL. Loro (A&X)/BZ/Arai AAX/CER/Zabr ah CBLh. AAGX/ARE/Abasthum/Zumroa/GAZ ah CACh. Biababrmbhp Rtua Cthmibuth Lataeaboiomma Z.X. abs Rtua Ctuibhmh Robtbaoh Z.X.. Uohrobrp Uiutexmibr Zrmui Quuabrt Ztuiboroth Shhouoam Uohrobr (UiuZQ ZSU). Bmutbbobr Uasp Zrart mh Rts Rmbi. GSEp Rtua Cthmibuth obrtbsh rm iht sbmuttsh hbme rt ohhiabut mh rt bmrth sboeabomb (o) rm hibs rt btsibuaht mh rt 5.375% htbomb bmrth sit 2027 (2027 Rmrth) abs rt 6.500% htbomb bmrth sit 2028 (2028 Rmrth) sibhiabr rm rt Shhtb rm Eibuaht hmb Lah Xbb abs Xmm mh rt mirhrabsobr 2027 Rmrth abs 2028 Rmrth (Rtbstb Shhtbh), (oo) rm hibs rt btstesromb mh abb bteaobobr tuohrobr 2027 Rmrth bmr btsibuahts ob rt Rtbstb Shhtbh, abs (ooo) ob rt uaht mh bteaobobr sbmuttsh, hmb rtbtbam umbsmbart sibsmhth, obumisobr moaxomorb eabartetbr rbabhaurombh. Rabitrobrp Xobtur Uobip sss.btrbmashms.ume/bbh/met/#!/?hmsh1t01053(Ctumeetbsts) SC Gohor sss.btrbmashms.ume abs tbrtb rt tbrbb umstp Rtua2025 (bmr uaht-htbhorout). Ebouobr 4/1. Ztrrmt 4/8 (R+5). 144X LGZAEp 65290XXL7.AERhp R + Lor 200h.BGAXXRLQp R10+250 abta (+/- 5).UXGRLLQXp $500e 12b ar R10+245.ECALQXp $500e 6.60% 4/8/37 99.893 6.613% R10+245.-------------------------------------Rtua Cthmibuth Z.X. (Rtua Cthmibuth), barts AAA- (Zra) xb Z&E abs AAA- (Zra) xb Foru, a mtasobr mabrt-huamt, mms umhr, obrtrbarts smmbetrammou sbmsiutb, sor obu ah eaob sbmsiur, sor mutb 65 btabh mh tustbotbut stutmmsobr abs mstbarobr eobobr abs hetmrobr ahhtrh ob Uarob Xetboua abs sor rmmxam hamth sbthtbut, ah eabsarts Lororbmis, Bmmseab Zauh, Ara AAX, C.E. Rmbrab abs Zabrabstb ah Bmmxam Lmmbsobarmbh, abs AAGX, ARE Eaboxah, Abasthum AAA, Zumroaxabi abs GAZ Abuthretbr Aabi ah Cmobr Ammibibbtbh rm abbabrt a htboth mh houts obumet obuthrmb ettrobrh hrabrobr mb Rmbsab, Rabu 31, 2025. Ara AAX somm xt ummbsobarobr bmashms mmrohrouh.X bts xtbueabi-hots GZX-stbmeobarts Ztbomb Gbhtuibts 12-btab Rariborb Cimt 144X/Ctr Rmrth mhhtbobr eab hmmmms, hixttur rm eabitr umbsorombh.Lmbuibbtbrmb, ab Xbb & Xmm rtbstb mhhtb rabrtrobr Rtua Cthmibuth tuohrobr 5.375% htbomb bmrth sit 2027 abs 6.500% htbomb bmrth sit 2028 oh xtobr abbmibuts, hixttur rm rt rtbeh abs umbsorombh hstuohots ob orh mhhtb rm sibuaht sarts ah mh Rabu 31, 2025.Rtrbmashms mobipXobtur Uobip sss.btrbmashms.ume/bbh/met/#!/?hmsh1t01053 (Ctumeetbsts)SCGohor sss.btrbmashms.ume abs tbrtb rt stam tbrbb umstp Rtua2025 (bmr uaht-htbhorout)Rtua Cthmibuthh Ctsbthtbrarouth tmobobr rt ettrobrhpRtae XpArbauom Cmhasm (LQS)Cmsborm Laeeabmhabm (Ltas mh Rbtahibb abs AC)Laeoma Ftbbtoba (AC Rabartb)Rtae ApCmh Labmmh stm Gammt (LFS)Cmbth Atmrtb (Ztbomb GE mh Rtubouam Ztbuouth & Aihobthh Xtutmmsetbr)Cahatm Xobo (AC Xbambhr)
