Reynolds Group Issuer Lu

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,000.0007Oct-27Sr. SecuredB1B+-FixedTsy-4.00-4.25%3534.00%-100.00000
Tranche Comments
7 yr: Redemption: 2023-10-15; Registration: 144A/Reg S; Comments: US$1bn(upsized from US$750m) 4.00% cpn 7-year(10/15/27) NC3 at 100, yld 4.00%. Spread: T+353bp. Equity Clawback: up to 40% for until October 15, 2023 104. Call Schedule: non-callable until October 15, 2023, October 15, 2023 102.00, October 15, 2024 101.00, October 15, 2025 and thereafter par.;
Use of Proceeds
Repay indebtedness and a portion of the costs associated with the concurrent debt transactions

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