| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 700.000 | 7 | Jun-28 | Sr. Secured | B1 | BB | - | Fixed | Tsy | - | 4.25% a | 297 | 4.13% | - | 100.00000 |
| USD | 1,035.000 | 8 | Jun-29 | Sr. Unsecured | Caa1 | CCC+ | - | Fixed | Tsy | - | 6.00% a | 455 | 5.88% | - | 100.00000 |
Tranche Comments
7 yr: Redemption: 2024-06-30; Registration: 144A/Reg S; Comments: US$700m (upsized from US$600m) 4.125% cpn 7yr (6/30/28) NC3 (6/30/24) at 100.00, yld 4.125%. Spread: T+297bp. MWC T+50bp, prior to 6/30/24 and then 102.063, 101.031, 100.00. Equity clawback: Up to 40% at 104.125. 144A CUSIP: 55760LAA5;
8 yr: Redemption: 2024-06-30; Registration: 144A/Reg S; Comments: US$1.035bn(upsized from U$S885m) 5.875% cpn 8yr (6/30/29) NC3 (6/30/24) at 100.00, yld 5.875%. Spread: T+455bp. MWC T+50bp, prior to 6/30/24 and then 102.938, 101.469, 100.00. Equity clawback: Up to 40% at 105.875. 144A CUSIP: 5760LAB3;
Use of Proceeds
To fund acquisition, pay related fees and expenses