GPS Hospitality

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD400.0007Aug-28Sr. SecuredCaa1B-B-FixedYLD-7.00-7.25%-7.00%-100.00000
Tranche Comments
7 yr: Registration: 144A/Reg S; Comments: US$400m(upsized from US$385m) 7.00% cpn 7yr (8/15/28) NC3 (8/15/24) at 100.00, yld 7.00%. MWC T+50bp prior to 8/15/24, and then 103.50, 101.75, 100.00. Equity clawback: Up to 40% at 107.00 prior to 8/15/24. Settle: 8/18/21. 144A CUSIP: 36262BAA0;
Use of Proceeds
To repay indebtedness

B&I

BWICS & Inventory

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TRACE

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Research