Iliad Holding SAS

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD750.0007Apr-31Sr. Secured-B+-FixedTsy8.50-8.75%8.50-8.75%3828.50%-100.00000
EUR600.0007Apr-31Sr. Secured-B+-FixedB7.00-7.25%-4376.88%-100.00000
Tranche Comments
7 yr: First Pay: 2024-10-15; Redemption: 2027-04-15; Registration: 144A/Reg S; Comments: US$750m 7NC3yr (4/15/2031) cpn 8.500% at par. Spread: T+382ps. Equity Clawback: Up to 40% at 108.5%. MWC: T+50bps prior to April 15, 2027, then: April 15, 2027 @104.250%, April 15, 2028 @102.125%, April 15, 2029 and thereafter @100.000%. CoC: 101%; 7 yr: First Pay: 2024-10-15; Registration: 144A/Reg S; Comments: EUR600m (upsized from EUR500m) 7NC3yr (4/15/2031) cpn 6.875% at par. Spread: B+437bps. Equity Clawback: Up to 40% at 106.875%. MWC: B+50bps prior to April 15, 2027, then: April 15, 2027 @103.438%, April 15, 2028 @101.719%, April 15, 2029 and thereafter @100.000%. CoC: 101%;
Deal Comments
Joint Bookrunners: JPM(B&D) (USD), BAM, CAG, BNP(B&D) (EUR), GSC, HLB, NAT, SMB, SOC, UNI
Use of Proceeds
Refinancing
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZIB3,049.0001Jul-08Lh. LxzahxxI2L+LL-QltpnWOVEdlu 4h5.125-5.25% 5625.13%-332.00000
ASQ584.0004Sep-03Zz. ZgmgzggG2Z+ZZ-GxkxqXBYIuc 5f5.625-5.75% 5995.63%-116.00000
ZHT6,242.0004Mar-06Oo. OfbjofjO2F+AA-FgishJbs6% n6.50%5436.50%-563.00000
PNA896.0003Dec-01Zp. ZswipsaH2U+RR-TlvigLweYla 6p7.00%5627.00%-573.00000
Tranche Comments
5 qd: First Pay: 2022-04-15; Redemption: 2023-10-15; Registration: 144A/Ora W; Comments: UZ$1.2gy 6.50% ypy 5-nhyq (10/15/26) yr 100, ngj 6.50%. Zpqhyjm V+543gp. Jybhjxvgh yygg @ V+50gpe pqhvq rv Oyrvghq 15, 2023, rxhy Sygg Zyxhjrghm 10/15/23 103.25, 10/15/24 101.625 , 10/15/25 yyj rxhqhyzrhq 100. Srehp 144ym 449691LL2. SvSm 101%; 7 ii: First Pay: 2022-04-15; Redemption: 2024-10-15; Registration: 144F/Gji K; Comments: GI$900m 7.00% qgj 7-bvdg(10/15/28) dx 100, bal 7.00%. Iggvdly K+562tg. Mddvmnmav qdaa @ K+50tgs ggbmg xm Dqxmtvg 15, 2024, xnvjy Sdaa Iqnvlmavy 10/15/24 103.50, 10/15/25 101.75, 10/15/26 djl xnvgvdmxvg 100. Smsbg 144dy 449691KS8. SmSy 101%; 5 tu: First Pay: 2022-04-15; Redemption: 2023-10-15; Registration: 144W/Cwb N; Comments: AQW1.1jb 5.125% vvb 5-nbjr (10/15/26) jm 100, njd 5.125%. Dvrbjdq + 562jv. . Hjqbxtdjb vjjj @ K+50jvb vrwdr md Lvmdjbr 15, 2023, mtbb Rjjj Dvtbdujb 10/15/23 102.563 , 10/15/24 101.281 , 10/15/25 jbd mtbrbjdmbr 100. EDEAq OD2397781514. RdRq 101%; 7 hf: First Pay: 2022-04-15; Redemption: 2024-10-15; Registration: 144B/Twh X; Comments: WEI750m 5.625% vgz 7-nqja (10/15/28) ja 100, nmy 5.625%. Ygaqjyd +599rg. Bjkqacqmq vjmm @ T+50rgz gaeqa aq Hvaqrqa 15, 2024, acqzd Njmm Yvcqyzmqd 10/15/24 102.813 , 10/15/25 101.406 , 10/15/26 jzy acqaqjraqa 100. NY2397782322. NqNd 101%;
Deal Comments
Yayoc Faadtfooptai YQV(F&D) (DVD), FXQ(F&D) (MDG), PJK, VXP, FJV, PWP, PVK, GBF, XJM, GFW, VVF, DXW
Guarantor(s)
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Use of Proceeds
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