| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 900.000 | 6 | Sep-26 | Sr. Secured | B1 | B | - | Fixed | Tsy | 5% a | 4.50%-4.75% | 415 | 4.50% | - | 100.00000 |
| USD | 1,000.000 | 8 | Sep-28 | Sr. Unsecured | Caa1 | CCC+ | - | Fixed | Tsy | 6.5-6.75% a | 6.50%-6.75% | 599 | 6.50% | - | 100.00000 |
Tranche Comments
6 yr: Registration: 144A/Reg S; Comments: US$900m (upsized from US$750m) 4.50% cpn 6-year(09/15/2026) NC3 at 100.000, yld 4.50%. Spread: T+415bp. MWC T+50bp. Call Schedule: 09/15/2023 102.250, 09/15/2024 101.125, 09/15/2025 100.000;
8 yr: Registration: 144A/Reg S; Comments: US$1bn 6.50% cpn 8-year(09/15/2028) NC3 at 100.000, yld 6.50%. Spread: T+599bp. MWC+50. Call Schedule: 09/15/2023 102.250, 09/15/2024 101.125, 09/15/2025 100.000;
Deal Comments
Total deal was downsized from USD$3.25bn to USD$1.75bn
Use of Proceeds
Refinance existing debt