| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 750.000 | 7 | Nov-28 | Sr. Secured | B2 | B | B+ | Fixed | B | 4.75% a | 4.75% a | 515 | 4.75% | - | 100.00000 |
| GBP | 250.000 | 7 | Nov-28 | Sr. Secured | B2 | B | B+ | Fixed | G | 5.75% a | 6-6.25% | 534 | 6.13% | - | 100.00000 |
| EUR | 435.000 | 8 | Nov-29 | Sr. Unsecured | Caa1 | CCC+ | CCC | Fixed | B | 6.75% a | 6.75% | 710 | 6.75% | - | 100.00000 |
Tranche Comments
7 yr: Redemption: 2024-11-30; Registration: 144A/Reg S; Comments: EUR750m equiv (GBP250m) EUR/GBP 7NC3 (50/25/par) SSN RegS/144A. With EUR435m 8NC3yr SN. B2/B/B+. Strucs/GCs BofA(B&D)/GS, GC /MS, JBs JPM/HSBC/Santan/ING/SG. IPTs 4.75% area, talk 4.75% area, final 750m at 4.75%, B+515 vs 0% 11/28. MWC B+50. FTT 8am Friday;
7 yr: Redemption: 2024-11-30; Registration: 144A/Reg S; Comments: GBP250m 7NC3 (50/25/par) SSN, with EUR, total EUR1.183m equiv. RegS/144A. With EUR435m 8NC3yr SN. B2/B/B+. Strucs/GCs BofA(B&D)/GS, GC /MS, JBs JPM/HSBC/Santan/ING/SG. IPTs 5.75% area, talk 6%/6.25%, final 250m at 6.125%.MWC G+50, G+534 vs 1.625% 10/28. FTT 8am Friday;
8 yr: Redemption: 2024-11-30; Registration: 144A/Reg S; Comments: EUR435m 8NC3yr fxd snr RegS/144A. With €/£ 7NC3 SSN. Caa1/CCC+/CCC+. Strucs/GCs BofA/GS(B&D, GC /MS, JBs JPM/HSBC/Santan/ING/SG. IPTs 6.75% area, talk 6.75% area, final 435m at 6.75%, B+710 vs 0% 8/29. MWC B+50. FTT 8am Friday;
Deal Comments
Sustainability-Linked issue. Joint Bookrunners: BAM(B&D) (7yr), MOS, JPM, HSB, SNT, ING, SOC, GSC(B&D) (8yr)
Use of Proceeds
To finance acquisition, refinancing and pay transaction fees and expenses