| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 320.000 | 5.5 | Jan-27 | Sr. Secured | B3 | B | - | Fixed | B | 5-5.25% | 4.75-5% | 523 | 4.63% | - | 100.00000 |
| EUR | 365.000 | 5.5 | Jan-27 | Sr. Secured | B3 | B | - | Floating | 3mEu | 3mEu+500-525 | 3mEu+500 | 500 | 3mEu+500 | - | 100.00000 |
Tranche Comments
5.5 yr: First Pay: 2022-01-15; Redemption: 2023-07-15; Registration: 144A/Reg S; Comments: EUR320m 5.5NC2 (50/25/par) fxd SSN RegS/144A. With 5.5NC1 FRN for total 685m (from 665m). B3/B. GCs Barc(left/B&D)/NatWest. JB DB. IPTs 5%/5.25%, talk 4.75%/5%, final 320m @ 4.625%. B+523 vs 0.25% 2/27.;
5.5 yr: Registration: 144A/Reg S; Comments: EUR365mFRN due 15 Jan 2027, coupon E+500, reoffer price 100, Optional Redemption: NC1, 101.0%, Par, ISIN XS2366277056;
Deal Comments
Total deal was upsized from EUR665 to EUR685
Use of Proceeds
Repay existing debt, fund cash on balance sheet