CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
USD | 420.000 | 5 | Oct-25 | Sr. Secured | B2 | B- | - | Fixed | YLD | - | 9.50-9.75% | - | 9.75% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2021-04-15; Redemption: 2022-10-15; Registration: 144A/Reg S; Comments: US$420m 9.75% cpn 5-yr (10/15/25) NC2 (10/15/22) at 100.00, yld 9.75%. Redemption schedule: 10/15/22 104.875, 10/15/23 102.438, 10/15/24 and therafter 100.00. Equity clawback: Up to 40% at 109.75 prior to 10/15/22. 144A CUSIP: 10947X AA0;
Use of Proceeds
To fund Brightstar Capital Partners’ acquisition of the company