| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 400.000 | 6 | Apr-27 | - | Caa2 | CCC+ | - | Fixed | Tsy | - | 8-8.25% | 723 | 7.75% | - | 99.36400 |
Tranche Comments
6 yr: First Pay: 2021-10-01; Redemption: 2023-04-01; Registration: 144A/Reg S; Comments: US$400m 7.75% cash cpn (8.50% PIK) 6yr (4/01/27) NC2 (4/01/23) at 99.364%, YTM 7.875%. Spread: T+723bp. MWC T+50bp prior to 4/01/23, and then 102.00, 101.00, 100.00. Equity clawback: Up to 40% at 107.750% prior to April 1, 2022. Settle: 1/28/21. 144A CUSIP: 05553LAA1;
Deal Comments
PIK toggle notes
Use of Proceeds
Will be used to return capital to shareholders