8 yr: Redemption: 2026-01-15; Registration: 144A/Reg S; Comments: US$550m 3.875% cpn 8-year(1/15/29) at 100, yld 3.875%. Sread: T+315bp. Equity Clawback: Up to 40% at 103.875% until Jan 15, 2024 . MWC T+50bp. Call Schedule: Non-callable Until Jan 15, 2024 then Callable on Jan 15, 2024 101.938, Jan 15, 2025 100.969 Jan 15, 2026 and thereafter at 100.00. Cusip 144a: 81105DAB1. Settlement: 12/30. CoC: 101%;
10 yr: Redemption: 2026-01-15; Registration: 144A/Reg S; Comments: US$500m 5.375% cpn 10-year(1/15/31) at 100, yld 5.375%. Spread: T+446bp. Equity Clawback: Up to 40% at 105.375% until Jan 15, 2024 . Call Schedule: Non-callable Until Jan 15, 2026 then Callable on Jan 15, 2026 102.688, Jan 15, 2027 101.792, Jan 15, 2028 100.896, Jan 15, 2029 and thereafter 100.000 . Cusip 144a: 81105DAB10. Settlement: 12/30. CoC: 101%;
Use of Proceeds
To finance the acquisition of Ion Media and pay related fees and expenses