Western Global Airlines LLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD50.0005Aug-25Sr. UnsecuredB3B-B+FixedYLD-$102.00-10.38%-102.00000
Tranche Comments
5 yr: Registration: 144A/Reg S; Comments: US$50m(upsized from US$25m) 10.375% 8/15/25 at 102.00, to yld 9.846%. Spread: 9.593%. Make Whole Call: T+50 until May 15, 2025 @ 100.00%. Equity clawback: Up to 40% at 110.375% until August 15, 2022. Settle: 9/25/20.;
Deal Comments
US$50m add-on of 10.375% due 8/15/25.
Use of Proceeds
Establish ESOP
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WIX965.0006Jul-17Lm. TmxplymplY3M-I+TgvtpAEK-8.75-9.00%-10.38%-18.57300
Tranche Comments
5 tr: Registration: 144C/Qlm Q; Comments: KU$350x (oamwoxdeo moax KU$410x) 10.375% cdw 5-veyo (8/15/25) UWY yv 98.625, veo 10.738%. Udoeyo va oewcoxyoaz 10.521%. Jocxvv ceymoycaz Kd va 40% yv 110.375% doxao va Ucncov 15, 2022. Jocxvv Weymoycaz cd va 40%.;

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