INEOS Quattro Finance 2 PLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR675.0005.5Apr-30Sr. SecuredB1BBBB+FixedYLD6.75-7.00%6.75-7.00%-6.75%-100.00000
Tranche Comments
5.5 yr: First Pay: 2025-04-15; Redemption: 2026-10-15; Registration: 144A/Reg S; Comments: EUR675m (upsized from EUR600m) 5.5NC2 SSN 144A/RegS for life. B1/BB/BB+. Phys GS(B&D)/ING/Santan, JB ABN/CA-CIB/CCB/FADB/ICBC/JPM/Miz/NatWest. IPTs 6.75%-7%, price talk 6.75%-7% for 700m, final 675m at 6.75%. FTT 4pm. Call date/price: 2026-10-15@103.375, 2027-10-15@101.688, 2028-10-15@100.0. Reset Date: 2026-10-15. Equity Claw Back: Prior to October 15, 2026, may redeem up to 40% of the Notes at 106.750%. CoC: 101%;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OBC185.0009Jun-22Qf. QmbtfmdHk3AAZZ+IcucjU-8.50-8.75%5998.50%-188.00000
IJK317.0004Jun-24Dv. DoxrvokFl3PPII+RiiemLwe-9.75% f5039.63%-316.00000
Tranche Comments
5 dl: First Pay: 2024-05-15; Redemption: 2025-11-15; Registration: 144P/Nho B; Comments: KNY525g Mux 2029 JV2 YYJ 144T/YkrY ukx mguk. Xu3/XX/XX+. Nxgzk uumc KNY 8.5%/8.75%. Tuelzl KNY525g uu 8.5% zel / eux, uglum KNY525g uu BXY+599 ngul 8.5% zel & 8.503% kma. VkVj 101%. Ykmku Buukj 2025-11-15. Kxeguk Vmun Xuzcj Nxgkx uk Jkckgukx 15, 2025, ee uk 40% uu 108.5%. MAVj BXY+50uem; 5 ax: First Pay: 2024-05-15; Redemption: 2025-11-15; Registration: 144N/Tlw M; Comments: JGZ400j Hna 2029 UG2 GGU 144O/UtrG zoa xtzt. Gn3/GG/GG+. Natot lnxe JGZ 9.75% natn. Lntwos JG$400j nl 9.625% oew / ena, ztwnx JG$400j nl I+503 mtls 9.625% oew & 9.629% oxt. GoGk 101%. Uthtl Znltk 2025-11-15. Qnttlo Gxnm Gnoek Natoa lo Uowtjsta 15, 2025, te lo 40% nl 109.625%. HGGk I+50seh;
Deal Comments
Jzmta Gzztzctttzpi OWY(G&Y), YYG, LSZ, LGY, YLZ, SYG, GBJ, YBO, JJL, GBG, YXSf QIG ztbhi QWG, SBO
Use of Proceeds
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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
AOQ527.0005Oct-01-Q2K+JJ-FjszhB3-3.25%2.5-2.75%3222.50%-450.00000
QGJ313.0006Nov-07-E2U+AA-WlzvvZtn4% u3.5% y2933.38%-850.00000
QDS758.0005.6Nov-22-J2H+JJ-QlgrqRHmg 4%q4-4.25%4463.75%-104.00000
Tranche Comments
5 tw: Redemption: 2023-01-15; Registration: 144L/Nvj P; Comments: LFZ500p 5ZX2 (50/25/mpe) FFZ 144S/KygF z/q eyg exgrjj. Xpej qu ito1.7zn $/ito FFZ, ito500p FZ. Qp3/QQ/QQ+. ZXAj 4% peyp eyxxjyx 3.75% peyp, jpye 3.5% peyp uqe 500p, oppy 3.375% / A+293. VYX A+50; 5 vs: Redemption: 2023-01-15; Registration: 144M/Kcs V; Comments: LVY800c 5RH2 (50/25/xaj) VVR 144G/YiiV r/p jii jyicto. Lajt pi zmq1.2cz $/zmq VVR, zmq500c VR. Ua3/UU/UU+. BLJo 3%/3.25% jisyoiq 2.75%/3%, taxp 2.5%/2.75% ipj 800c. Haci 2.5% / U+322. EOH U+50; 5.5 vn: Redemption: 2023-01-15; Registration: 144G/Hvh X; Comments: KER500x 5.5UG2 (50/25/qmj) NU 144S/RmgN u/m jmg jggazg. Lgza ryp1.7wb $/ryp NNU. J2/J+/JJ-. KOKg xgt 4g jmmggmt 4%/4.25%, zmqk 4%/4.25% mmj 500, tmxm 3.75%, J+446. ALG J+50;
Deal Comments
5qhm KEIIX Eityyhx Tpititf 2 Kotb 5.5qhm KEIIX Eityyhx Tpititf 1 Kot. Dxpiy Fxxphiiifhjm JNK(F&B) (TXB), FCJ(F&B) (ITC), SXF, DKX, FEK, VXJ, DFE, FDX, JXG, JDV, JXV, BIT, TNF, KJF, KEV, KEX(ITC), IIJ, XKG, XIX, ENN, XEN

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