| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 350.000 | 5 | Nov-26 | Sr. Secured | B1 | B+ | BB- | Fixed | G | 6-6.25% | 6% a | 528 | 6% | - | 100.00000 |
| EUR | 400.000 | 5 | Nov-26 | Sr. Secured | B1 | B+ | BB- | Fixed | B | High 4%s | 4.625% a | 499 | 4.50% | - | 100.00000 |
| EUR | 640.000 | 6 | Nov-27 | Sr. Secured | B1 | B+ | BB- | Floating | 3mEu | High 4s-5 | 3mEu+475 a | 462.5 | 3mEu+462.5 | - | 100.00000 |
Tranche Comments
5 yr: Redemption: 2023-11-15; Registration: 144A/Reg S; Comments: GBP350m 5NC2 (50/25/par) snr sec RegS/144A. Part of 3-tr. B1/B+/BB-. GloCos/phys Barc(B&D)/JPM/GS. JBs in ticket. IPTs 6%-6.25%, talk 6% area, final 350m (down 50m) at 6%, G+528 vs 0.375% 10/26. MWG G+50. FTT 6.25pm;
5 yr: Redemption: 2023-11-15; Registration: 144A/Reg S; Comments: EUR400m 5NC2 snr sec RegS/144A. Part of 3-tr. B1/B+/BB-. GloCos/phys Barc/JPM(B&D)/GS. JBs in ticket. IPTs high 4s, talk 4.625% area, final 400m at 4.5%, MWC B+50m, DBR 0% 8/26+499 . FTT 6.25pm;
6 yr: Redemption: 2022-11-15; Registration: 144A/Reg S; Comments: EUR640m 6NC1 (101/par) snr sec FRN RegS/144A. Part of 3-tr. B1/B+/BB-. GloCos/phys Barc/JPM(B&D)/GS. JBs in ticket. IPTs high 4s-5%, talk E+475 area (0% floor, @par), final 640m (up 30m) at E+462.5, MWC B+50.;
Deal Comments
Joint Bookrunners: JPM(B&D) (EUR), HSB, BRC(B&D) (GBP), NTW, LLY, BAM, DNB, GSC, CTI
Use of Proceeds
Repay loans