| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 620.000 | 5 | Nov-26 | Sr. Secured | B3 | B- | - | Floating | 3mEu | Low 5%s | 3mEu+475-500 | 475 | 3mEu+475 | - | 100.00000 |
| EUR | 235.000 | 6 | Nov-27 | - | - | CCC | - | Fixed | B | Low 8%s | 7.75-8% | 810 | 7.75% | - | 100.00000 |
Tranche Comments
5 yr: Redemption: 2022-11-01; Registration: 144A/Reg S; Comments: EUR620m 5NC1 (101/par) snr sec FRN RegS/144A. B3/B-. GCs BNPP(B&D)/JPM, JBs BofA/CA-CIB/CS/GS/MS. With 6NC2.5 PIK toggle, 5CN2 srn sec FXD pulled. IPTs low 5%s, talk E+475/+500 @par, final 620m @ E+475. MWC B+50.;
6 yr: Redemption: 2024-11-01; Registration: 144A/Reg S; Comments: EUR235m 6NC2.5 (50/25/par) PIYC PIK toggle via Midco GB. RegS/144A. NR/CCC. GCs BNPP/JPM(B&D), JBs BofA/CA-CIB/CS/GS/MS. With 620m 5CN1 srn sec FRN (5NC2 snr sec FXD dropped). IPTs low 8%s, talk 7.75%/8% @par, set 7.75% (75bp PIK), MWC B+50 to 1st. B+810 vs DBR 0% due November 15, 2027. PIK toggle;
Use of Proceeds
Repay indebtedness