Domtar Corp (Pearl Merger Sub Inc)

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD775.0007Oct-28Sr. SecuredBa2BB+BB+FixedTsy-6.75 -7.00%5486.75%-100.00000
Tranche Comments
7 yr: Redemption: 2024-10-01; Registration: 144A Only; Comments: US$775m 6.75% cpn 7yr (10/01/28) NC3 (10/01/24) at 100.00, yld 6.75%. Spread: T+548bp. MWC T+50bp prior to 10/01/24, and then 103.375, 101.688, 100.00. Equit clawback: Up to 40% at 106.75 prior to 10/0124. Settle: 10/18/21. 144A CUSIP: 70478JAA2. CoC: 101%. Equity Claw: During first 3 years, up to 40% of principal.;
Guarantor(s)
The direct parent of the Issuer and all of the existing and future wholly owned material domestic restricted subsidiaries that guarantee the new term loan facility, subject to customary exceptions
Use of Proceeds
M&A
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