CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
USD | 650.000 | 5 | May-26 | Sr. Secured | Caa1 | CCC | - | Fixed | Tsy | Mid 7s | 7-7.25% | 589 | 6.75% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2021-11-01; Redemption: 2023-05-01; Registration: 144A/Reg S; Comments: US$650m(increased from US$600m) 6.75% cpn 5-year(5/1/26) at 100, yld 6.75%. Spread: T+589bp. Equity Clawback: Up to 40% at 106.75% . MWC T+50bp until 5/1/23 and then Call Schedule: 5/1/23 103.375, 5/1/24 101.688, 5/1/25 and thereafter 100. Cusip 144a: 125137AC3 . Settlement: 4/23/21;
Use of Proceeds
Repay debt