First Student Bidco Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD800.0008Jul-29Sr. SecuredBa3B+BB+FixedTsy-4.125% a2754.00%-100.00000
Tranche Comments
8 yr: Redemption: 2024-07-31; Registration: 144A/Reg S; Comments: US$800m 4.00% cpn 8yr (7/31/29) NC3 (7/31/24) at 100.00, yld 4.00%. Spread: T+275bp. Make Whole Call: T+50 until 7/31/24, and then callable on July 31, 2024 at 102.00%, July 31, 2025 at 101.00%, July 31, 2026 and thereafter at 100.00. Equity clawback: Up to 40% at 104.000% until July 31, 2024. Prior to July 31, 2024, up to 10% during each 12-month period beginning on the Issue Date at 103.00%. Settle: 7/21/21. 144A CUSIP: 337120AA7;
Use of Proceeds
M&A

B&I

BWICS & Inventory

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TRACE

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Research