| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 1,305.000 | 5 | Apr-26 | Sr. Secured | B3 | B- | B | Fixed | B | 5.5% | 6% | 670 | 6% | - | 100.00000 |
| EUR | 475.000 | 5 | Oct-26 | Senior | Caa2 | CCC | CCC | Fixed | B | 9% a | 9% | 967 | 9% | - | 100.00000 |
Tranche Comments
5 yr: Redemption: 2023-04-15; Registration: 144A/Reg S; Comments: EUR1.33bn (from 1bn) 5NC2yr (50/25/par) snr sec RegS/144A. B3/B-/B. With 300m 5.5NC2 PIK, 750m SSTL. GCs GS(B&D)/DB/Uni, JBs BNPP/UBS. IPTs 5.5% @par, set 1.305bn at 6%@par. MWC B+50, B+670;
5 yr: Redemption: 2023-04-15; Registration: 144A/Reg S; Comments: EUR475m (from 300m) 5.5NC2yr (50/25/par) PIK RegS/144A. Caa2/CCC/CCC. With 1.33bn 5NC2 SSN, 750m SSTL. GCs GS(B&D)/DB/Uni, JBs BNPP/UBS. IPTs 9% (@par), set 9% @par. B+967. MWC B+50. Cash 8.25% / PIK 9%;
Deal Comments
EUR475m: PIK notes, Issuer Kirk Beauty SUN GmbH; EUR1.305bn: Issuer Kirk Beauty SUN GmbH